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RE: Bitcoin (BTC) Morning Update: Expect Bull Wicks
The question is rather, what about the BUYERS ? Many people are afraid, others will want to wait for lower prices (moi) - and institutions refuse to buy because they hope if they just wait, crypto will starve and no longer molest them. Lets us wait as well nd see how low this will push BTC and with it all crypto, so we can finally be done and grow again - because most people here will only ever buy GREEN.
I'd rather see Bitcoin fall to 2k than watch this shit for another month or even a year...
You hit the magic number. $2K could be possible
https://steemit.com/bitcoin/@davebrewer/hodlers-can-be-uninformed-morons-do-you-understand-you-are-not-buying-lottery-tickets
More expect 4 k... down below 6 right now. Looking at Lumens, the most practical coin, and it held/bounced at 30 cents thrice (which bitcoin never managed) but finally fell deeper as well. The situation is scary I guess but look at Ripple which is at 50 cents and used to be at 3.50 - seven times higher. We now know this is possible, we did not before... the market is anything but dead but it cannot go low enough for my taste ;)