Quote from: btctube on March 02, 2018, 05:37:59 AM

It doesn't matter whether it drop back again as long as you hold yours because sooner or later the price will move up like it had before $20k is going to be the past so if you bought that the heights but sold after the dip then you lose more than you could have profited/

That's right, the price of Bitcoin might drop right after testing the $11,000 price mark! It's a well known fact in the financial market that once a price level is tested, the significance is that bullish pressure is beginning to mount and sooner than later, a breakout is most likely. As I write, Bitcoin is going for $11,099.99 at Bitstamp, having touched $11,222.36 earlier. A rally is surely on the way, so it's still a good buy for those who have been sitting on the fence.