I felt like I missed a great opportunity at selling high and buying low when it reached 5k and drop to 4k a couple of days ago. Now it happened again from 4k to 3k. You think it will happen a third time, from 3k to 2k?
This should prove to be highly unlikely for this month.
I really expect price to be pretty much stable at the $3500-4000 range for this month and the next month because there is no real positive news but no real negative news apart from chinese rumors either. We shuold simply see a lot of sideways movement.
To go down to $2k this or next month would be impossible. Maybe next year as others suggest but definitely not this year.