Quote from: magneto on December 19, 2017, 03:15:56 AM

Quote from: niel on December 17, 2017, 08:37:44 AM

The price dropped a lot last night. Don't know if it can go up or down next week. Want to buy more.

That was a panic dump from some holders i think that brought the price down from nearly $20k to $18k. But no we're recovering to a nice level as well so that is definitely a good sign for now.

This week and next week we'll most definitely see the $20k level be hit, and then after that the same people who dumped early will start buying and it'll become the fomo stage once again. So i'm extremely bullish for the next week or so.

Corrections are going to happen but not now, in my opinion. We've still got a long way to go in the rally i reckon, and personally i'm holding until at least $50k to see what happens and reevaluate my position.

As per my knowledge every year there has been slight fluctuations in the value of bitcoin which has been affecting bitcoin negatively but this time things are different from previous years with lot of exposure to bitcoin and I believe this year might be different and instead of going down I believe this time bitcoin will reach a new mark next week and we can easily cross $20k mark if panic selling can be avoided this year.