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RE: Bitcoin Predictions: Trace Mayer $115,000 Tim Draper $250,000

in #bitcoin7 years ago

Well, there’s seldom a single reason for why price rises and falls in markets. Broadly speaking, Bitcoin’s price went crazy in 2017, multiplying about 20 times, and so it’s now in a cooling off period. People who bought in late probably lost a lot of money and have been scared away from the market. Now’s a good time to buy in my opinion, although price could still head lower or remain stagnant.