Quote from: Anphonsus on February 05, 2018, 04:48:59 PM

I would say 7k and then bounce back, otherwise 5k. Because if it can go down to 6k, it won't stop there. 5k is the last stand and I believe it will hold.

please tell me why if if goes down to 6k it can't stop there
i am not telling that it wont' get to 5k but i would like to know why you are so sure about that

i think nobody knows what is going to happen, short term is always a guess

only thing that i am sure is this is not the end of the crypto market, maybe there will be dead projects at the end of the day but the business is here to stay

speaking long term i think this whole situation is testifing the strenght of bitcoin, not the weakness: look at the price, all are in desperate mode but did you read the news lately? everyday there is someone from institutions and traditional media telling you that the party is over, and we are well above levels someone did not believe were achievable even only 5 months ago!

i think we are in the middle of a big redistribution of wealth, do not let emotions drive your decisions ;-)