$100,000,000,000 in cryptocurrency market value lost in 24 hours!!! Huge moves to the downside! Litecoin below $200 Bitcoin below $12,000 Remember most bitcoin buyers came in between $9000-$10000 back in November, that will be an interesting number to see hold once bitcoin gets there!!!!
Bitcoin's Price Just Dropped Over $1,300 in 1.5 Hours bitcoin bulls are we going to jump back above 15000 this week???
Seems like cnbc knows when to release headlines on bitcoin!! Bitcoin headed to $100,000 in 2018, says analyst who predicted last year's price rise Bitcoin could hit $100,000 in 2018, an analyst who correctly predicted the cryptocurrency's rally at the start of last year told CNBC Kay Van-Petersen, an analyst at Saxo Bank, said in December 2016 that bitcoin would reach $2,000 in 2017, a feat achieved in May Van-Petersen now says bitcoin will be driven by a larger uptake of institutional investors and futures contracts Arjun Kharpal | @ArjunKharpal Published 10 Mins AgoCNBC.com https://www.cnbc.com/2018/01/16/bit...018-analyst-who-forecast-2017-price-move.html
It will be there once it cracks $10k ..... Wouldn't be surprised if drops another 50% from here...... remember it's up how many hundreds of thousands of percent...... Yea a measly little 50% drop is miniscule.
I thought the same thing... nothing but bitcoin hype.....just to calm the bitcoin bulls they have to announce a headline that bitcoin will jump 10 fold this year...... EVERY single asset class is in a gigantic bubble so this is what predictions look like when there are crazy asset bubbles....