Post
Topic
Board Speculation
Re: Hey guys do you think that Bitcoin price will continue decreasing ?
by
Silberman
on 08/02/2018, 18:47:55 UTC
Hey guys do you think that Bitcoin price will continue decreasing ?  Huh

Well, I don't think so. It's true that the price of Bitcoin is not stable that's why it's always up and down but it's not continue decreasing. Now, the price of bitcoin going up which 16521$ and going to hit 17k$
Same as you I don't think that bitcoin will continue decreasing, perhaps there are several times that it will fall but it will rise up again. However, these speculation is not precise since it is unpredicatable. As you enter the cryptoworld you should accept the fact that it is very risky. For me these issue is just temporarily and it will rise up again just like before.

Lol. This thread was started when btc was on a dip to 17k. Imagine the horror of it now that it's below 10k and has a good chance of dropping some more. I'm not leaning on any technical analysis anymore because a lot of those didn't quite hit the mark. I'm just trying to do other things to let this bloody streak pass
Technical analysis can give you a lot of information but when we are in a market that moves so abruptly due to things like adverse news then we need to realize there are severe limitations to what we can do with technical analysis this is why it is better to keep our eyes in the news right now, the small recovery we had in the past day was driven by the news and nothing else.