With the market tumble, bitcoin did not react as a safe haven and holder of value should react. Maybe it's just another tradeable item and nothing more. Seems like a fall to 5800 is coming.
Of course it is. It was a safe haven in 2016, when people and stupid pumpers didn't jump on it, and make it their bitch.
It's so overpriced, it's beyond any imagination currently.
I can only see it going lower and lower, because token holders should cash it out, they have a lot of it, so it should be dumped right to 1-2K range.
@JA.piotr.bor, i agree. i think maybe even less than that with the security concerns around it and governments developing their own. along with 4million bitcoin already lost. this should increase value if its a collectible, but currency that is lost is not good.
mmmp12
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@chaching23, There are now allegation that Bitfinex was laundering money with drug cartels, through polish bank. Certainly, that's not good imo, but BTC should go down more now.
It's so overpriced, it's beyond any imagination currently.
I can only see it going lower and lower, because token holders should cash it out, they have a lot of it, so it should be dumped right to 1-2K range.