Quote from: Leooo on February 02, 2018, 02:36:25 PM

Quote from: SugoiSenpai on February 02, 2018, 01:40:23 PM

Quote from: Leooo on February 02, 2018, 01:20:50 PM

I lost too much money due to this btc dip, What is the reason of this dip? Will it recover soon?

In my own perspective, I think it is just fair for Bitcoin to drop because of its volatility. Bitcoins price will go up again after some time, just be patient and You'll see that the price will skyrocket again. I think the drop happened because the value of Bitcoin has reached high volumes and it has skyrocketed by more than 50% of its current price in 2017. The drop is just a repercussion of the sky-high price of Bitcoin in 2017, the price will return to its normal state sometime this year. Although You have to be patient and hold You Bitcoins if You want to return the value You have invested.

I though that the price is stable at the level of $15k or above.

lol to be stable above a price we need to test that price as support MANY MANY times, right now we are testing 8k as new support. We will need to touch the 8k support line a few times before moving into a new up trend.

Check out previous market cycles for an idea of what is to play out, or don't and just hold your coins. 1 btc = 1 btc always.