Is Bitcoin price go to $ 20,000? But what about its price falling... Is it continuo or preparing for a new round of climb? (Republish & update)

Is Bitcoin price go to $ 20,000? But what about its price falling... Is it continuo or preparing for a new round of climb? (Republish & update)

By Ahmed Zaki | CoiNews | 21 Sep 2020


I published this article on 2 Aug 2020, but it was banned by Publis0x for a reason I don't know.. When I contacted them they asked me to re-publish my articles again.. I have already republished a number of articles banned.. with updates added to them.. But this article I do not think it In need of any update.. the situation is still unchanged with regard to the Bitcoin currency.. And its price still fluctuates between 10600 and 11000 dollars (Except for a few times the price was over $ 12,000)... And the question that I asked in my article - at the time of its publication - has not found a clear answer yet!

But despite that, I updated this article ... I deleted a paragraph that I doubt was the reason for its ban because it was transmitted from a cryptocurrency dealer ... and I added a new paragraph I think it will make the article more useful...

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Is Bitcoin price go to $ 20,000?

At the end of 2017, the price of bitcoin reached $ 20,000 for the first time in its history, and for the last time too ...

Is it repeated these days?

Is Bitcoin price go to $ 20,000?

The price is accelerating forward ... until the moment of writing this article, it reached 11949 dollars ... and the price is still likely to increase!

When will the Bitcoin price stop rising?

A difficult question ... It's very difficult !!

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When do I sell .. and when do I buy bitcoin?

The important question now is: When do I buy.. and when do I sell bitcoin?

Do I sell now for profit? Or do I wait for the price to reach its peak and sell to increase my profits?

The obvious answer: Wait, but the real answer is quite different.

Can you determine the price summit you are talking about?

Nobody can do that, and whoever tells you that he can determine this summit is often lying to you or deceiving you.

All I can tell you: be careful... watch out for the sudden drop!!

In July 2019, after making huge gains for bitcoin ... suddenly and without introductions, a sudden collapse occurred.

The price fell by about $ 1,000 in just one hour!

This drop caused Bitcoin to lose more than $ 10 billion of its total value! 

And in just one week ... Bitcoin lost more than a quarter of its value !!

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Will bitcoin price continue to fall?!

The price of bitcoin is still declining ... but it is not a continuous decline ... the price fluctuates between rising and fall ... The question now is:

Will bitcoin price continue to fall ... or is it preparing for a new round of climb?

The answer is easy and simple: no one knows !!

It is more likely that it will rise again ... and may break the $ 12000 barrier soon .. And when Bitcoin reaches this point, it may start afterwards to touch 16,000 dollars, which is the number that many analysts expected.
But there are also expectations that Bitcoin will fall below $ 10,500 ... and at that time there may be a sudden collapse like the one that happened several years ago when the price of Bitcoin reached less than $ 6000!
So we are facing two scenarios, but no one can say that one of them is certain to happen!

No one can conclusively predict ... Bitcoin may stop going up and start falling to return to under ten thousand dollars .. and maybe less .. and may continue to go up to touch 15 thousand dollars .. or go off until it reaches 20 thousand dollars as it happened In 2017 ...

You have to decide what to do if you have Bitcoin .. Will you go ahead or wait for the price to reach the highest high? This is your decision ... to bear its results, whether happy or not !! 

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Ahmed Zaki
Ahmed Zaki

All about cryptocurrencies, and earn from working online.


CoiNews
CoiNews

Cryptocurrencies news, new tokens, and price changes .. This blog may be useful for professionals .. but it will definitely be useful for beginners in the field of cryptocurrency profit and invest.

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