Quote from: tylerderden on April 08, 2018, 07:04:56 PM

Quote from: Janademir4 on April 06, 2018, 03:14:30 PM

I follow a bitcoin price prediction forum that says that within the next week the bitcoin price will fall on the $ 6k price range
this is based on the graph of bitcoin price fluctuations
What is your opinion

It does seems to be possible and if this could happen then bitcoin will be at approximately one third of it's all time high price and this seems depressing that bitcoin price is falling.

Yes, every investor should know that there is a season for every market even in real life businesses, there are just some moments when things will be quite slow, you will be running into loss and then boom, you start seeing some trends kicking in as profit keeps shooting the losses out of the way and that is how everyone should see this moment. Investing in cryptocurrency requires patience and whoever that cannot have such patience is not really ready.

Let us see how the way forward is going to play out from here till September. With dumps from MtGox palaver is a lot to take in at once. There is nothing that is not glaring for experts to agree actually since the master dumper itself who does not care a single bit what happens to the market has decided to play the strong bear momentum. I wonder why he had to wait all these while before selling though when he could have just sold during the bull run.