Quote from: nano77 on March 04, 2018, 04:01:55 PM

it seems that the price is very low and it is likely to be a stable point of bitcoin price because I see from the graphics cycle created from bitcoin bitcoin by the end of this year that it will increase until the price reaches $ 20k more and more.

If you pay attention to speculative peaks, then all prices after the main correction look low in comparison to the precious all time high, but that's not the case in reality. People need to stop looking at peaks.

All time highs stand for hype and speculation, while a calmed down and a consolidating market (which is the case right now) shows more signs of being closer to a price that can be considered fair.

Low price is when you talk about levels that are close to the previous bottom, and currently we're pretty far away from that, so there is no way you can consider current levels to be low. Maybe only long term speaking.