Quote from: MGBloomz on May 21, 2018, 02:53:16 PM

Quote from: jonemil24 on April 23, 2018, 08:37:54 AM

Quote from: aencarnaci on April 23, 2018, 06:00:56 AM

Predicting the market value is not an accurate value at all but monitoring the market is in benefit while predicting the market is useless. The market is going towards bull market as said by its forward going value. These days the market value is in between 7.9k dollar to 8.2k dollar is a good achievement against those who were considering the market is going towards destruction were all false and useless predictions.

If you monitor CMC's chart (2015-2017), the uptrend starts on Q3 to Q4 of the year. But there are many other events that may cause the BULLS to start moving, like huge stores accepting BTC for payments and many other good news for cryptocurrencies.

But let's not forget the possibilities of the downtrend, especially when more and more people started to create FUDs against our beloved cryptocurrencies which is making new investors to panic sell.

As for the bear market that made a huge impact for the first quarter of the year, CNBC might be correct on this one -https://www.cnbc.com/2018/03/15/bitcoins-fall-may-be-due-to-tax-selling.html

Those only a reference and it does not mean that it will go that way. Bitcoin movements will not follow patterns and it will be base on supply and demand equation. Although the news around the crypto could be a factor as those whales will get ride into the situation.

Everybody understands that is is almost impossible to foresee the price of the cryptocurrency. However, almost everyone is trying to make his predictions.