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Bitcoin is on a record breaking price land mark of $46k

  • Thread starter Thread starter Sincerem
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After the last dip the the prices of all cryptocurrencies, it's something that is going to take a while before the worth of Bitcoin and other cryptocurrencies to get back to their previous worth.
 
Heatman said:
After the last dip the the prices of all cryptocurrencies, it's something that is going to take a while before the worth of Bitcoin and other cryptocurrencies to get back to their previous worth.
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Cryptocurrency is the most unpredictable volatile market I have ever seen .when the price of bitcoins rises to 52,500 dollars ,there was a drop to 51 and there was a sharp dip that push other altcoins down that all future traders who didn't use stop-loss were liquidated.
 
It's actually one of the reasons why some people don't really feel comfortable to invest in cryptocurrency because of how volatile the currencies behave which would make them lose money.
 
Heatman said:
It's actually one of the reasons why some people don't really feel comfortable to invest in cryptocurrency because of how volatile the currencies behave which would make them lose money.
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But one thing we must understand is that no matter the high volatility in cryptocurrency the price of cryptocurrency will still continue to go up no matter how long is going to take .patience is the key
 
Currently, Bitcoin is $42,000. However, back in May it became $65,000, the highest price that Bitcoin has ever reached. When I knew bitcoin it was $400. That was just 6 years ago.
 
The price is currently trading around 43k but the next bullish run may see the price pushed above 50k before the end of the year
 
A few weeks ago, bitcoin made a recording breaking price history by reaching $67. But sadly it could not hold its position for a longer duration and the price started falling down. Now it is at $49K
 
The Market is actually taking that drastic turn around ,am not sure if we would still see the price fall to such amount ,instead we might see more increase in the price and those Early investors would be the major bargainer in the price increase in that range
 
I believe that bitcoin still has a very big future to come. It might be approaching the $50000 Mark right now but it is still greatly undervalued if you are going to consider what humans can be able to achieve with the blockchain technology.
 
Concerning Bitcoin on the recording breaking price land mark of $46k. Well, Bitcoin has always been on a rise and there is still potential that it is going to rise more than it present price. Bitcoin has proven itself as the leading crypto coin in the crypto market. I think it better to trade Bitcoin now than to save unless you have a big money to invest in it
 
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