Quote from: olushakes on January 30, 2018, 06:28:07 AM

Quote from: mohit89798 on January 30, 2018, 05:59:34 AM

Seeing some charts and elliots waves ... seems like we are going 9K

This range has been with us way too long and its something of concern but we cannot really do anything about it. I am expecting no real move at all this time though because there is nothing to push the price to a new height so we are still going to live with it. $9000 is a possibility but not definite and I am hoping for one big news because I am tired of rolling around with any thing in sight to show that we are moving forward.

Yes, this has been a "long" range comparatively, since we are so used to extremely short periods of extreme volatility. But you say concern, others like me say relief. This means stability, not volatility, which is much needed by Bitcoin, and even more needed for the general crypto market as a whole. Even if BTC drops to $9k this means: for past few weeks, and even more than a month now, it is trading in range of 9k to 12k. The middle of that is the proper floor, which is $10.5. That sounds good for me.