Quote from: eann014 on October 30, 2017, 08:38:22 AM

Quote from: Atomise on October 28, 2017, 07:38:00 AM

Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

I think at this point we can have bitcoin price from the average of $6000, but there is a possibility that bitcoin will reach up to over $7000 by the end of the year. Look at the bitcoin price right now? It's already increasing again since yesterday so I think it will continue to rise until December.

In my opinion, it seems the whale want to take profits and go out the market in next pump.
The price of Bitcoin never increases again without correction ~30-50% the highest price.
But by the speculators and traders have took profits at $6,100 and waiting the price of Bitcoin at $4,xxx price range made the whale need to pump the price of Bitcoin instead of dump it, because continue to dump can make them can not buy enough Bitcoin.