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RE: Bitcoin to 25k is conservative.

in #bitcoin6 years ago

Well said. Everything is possible in the crypto world. When we were at almost $20,000, who knew we would come down to $5750. So, the target mentioned by you is quite possible. And I thing if we cross $20,000 anytime, it is in human nature to FOMO and we might even see $50,000. But what does it mean in terms of its adoption? With segwit adoption still in few numbers and lightening under development since a long time, do you thing it will be a major roadblock for Bitcoin price?

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Hey yeah..20k to 5.8k was disastrous. But as mentioned its a 60% retracement, key Fibonacci support level too..if we break 6k we can still see 4k range but as of now still bullish af plus the adoption part too🚀