I don't trade Bitcoin but I want to buy some to invest altcoin . I missed opportunity at 6k because I waited for 4k .
Do you thing Bitcoin still in large downtrend ? 4k is possible ? Anyone with a good skill of forecast can help me compose my mind please. Thank you.
$4k is still possible. Nobody says that it's not.
2018 is still relatively bearish when compared to 2017. We're seeing some small pumps here and there and pretty solid recoveries after dumps such as the one we saw just a few days ago (and now we're over $10k once again). The fact that pumps are not as big as last year definitely has a mental impact on traders, especially the inexperienced ones. That's why I think there is a
POTENTIAL but not guarantee of price going to $4k.
However, if it does happen then it's going to be temporary. Probably going to last a few months at worst and then make a recovery back up to $8-9k. I would recommend starting to accumulate BTC at anything below $12k.