Re: Will Btc drop near 2k?

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?

I think that may happen but maximum chances are of the contrary to your statement. The current scenario make a little trouble to all traders but that is only for some odd reasons we only assume. I dont think about the degrading till 2k and hope for the uphill now.

Many traders are inclined to the idea that the price of bitcoin will now go up. And only in November we can see a decline. But I do not think that the price drop can still be so strong to reach 2000 dollars

In November a price drop is expected based on the splitting, but I don't think a price drop happens. Even in the past splitting from the main chain its expected to have a decline in the price. The same got overcome with growth, and upon that incident I believe price increase happens rather than dropping low.