I am in immense pain to say that i foresee the fall. I would not be surprised if we lose from this point to 50-60 percent.
Accirding to my knowledge institutional investors are bidding out from crypto and stocks.
Stocks has already dwindling now and same will comeback to crypto.
I know some will say it is a fud but friends i am not joking. You are free to not to buy my thoughts.
Hope i will save someone.
Thank you.
Price today: 7930 usd per bitcoin.
Ps: sorry for typos i am on smartphone and oil is in my hands, i saw something ehich i could not resist..so i decided to spread my words with you guys.
The position of Bitcoin is now in 50 50 position either it can go up or down so what you are saying can happen and it wont be big surprise. but in the year end of 2018 bitcoin price will be above 15k + sure. so on each down ward it is a good chance to buy more and average your buying price.