The rapid rise and the rapid fall

The rapid rise and the rapid fall

Anonymous
January 2nd, 2018


What does the rapid rise and rapid fall of Bitcoin really mean? If you have been reading my opinions on Bitcoin pricing you know that I predicted that Bitcoin would hit 18k in 2017, which it did and went even higher. I also said that a rapid year end rise in Bitcoin would be followed by a wide trading range of between 10k and 30k in 2018, well the 10k may be hit early in 2018 with the recent correction. This doesn’t change any of my opinions it just lets people have a chance to get back in at a better price.