The Bit Coin Floor is around about $6000
Me Looking at The Bit Coin Floor Haha
Its a hard call but it looks like there is lots of buying pressure at around $6000 keeping this price from going lower. I know there is lots of Bit Coin buyers world wide.
In fact the Bit Coin Community grows every day and new buyers are born so for me Long term the floor will be moving up over time.
In three years the floor could be $20,000 or $30,000 due to the buying pressure from a strong Bit Coin Community
We are only at prices for Bit Coin around the October 2017 level so its not terrible levels it has in my view been over sold so I expect it to go up from here
Let Me know your thoughts and follow and comment Thanks