Post
Topic
Board Speculation
Re: Bitcoin rise is over
by
junoreactor
on 06/10/2017, 08:11:18 UTC
what do you think about below chart?

I think bitcoin rise is over for now. Chart shows that we are in a buble and it should be corrected.
In addition if you look at the weekly chart end of 2013, you will see that it is similar to today.
Big correction may come soon



It is good to look at charts, but charts are not the only tool to predict the price of bitcoin, just like it is not the only tool to predict price of stocks.
Most important here is other information such as: who buys bitcoins? for what purpose? countries banning/legalizing bitcoins? etc etc.
You can't rely on graphs only, bro.