Post
Topic
Board Speculation
Re: Will BTC again Fall down at 7k?!
by
LuffyD.Monkey
on 06/06/2018, 10:18:50 UTC
this option can not be ruled out, the prices in the world are crypto impermanent and we can not be sure that tomorrow the price will not fall to this mark
Maybe yes or not, this is true we are not really certain on the movement of price tomorrow onwards. If you look at the current market we are seeing a slow moving of price at least it turns green. What we have to do is observe and don't lose hope.
That's something we can't predict, market keeps on moving upward or downward every minute, hour and day. We have to set our mind that this is normal, we should not panic and decide quickly. Instead the more we need to improve our knowledge, study chart, roadmap, understand the market, and read a lot. It could fall down at 7k or not, what's important is that we have a back up plan and knowledge to manage price fluctuation.
we need to make plan A , plan B or even plan C is market goes down again to $7000 or even more than.and that plan can decide when we looking at technical or fundamental .so that's why we must improve our skills in market.
Bitcoin few days ago fell down at 7k dollar and this 7k dollar followed a constant increase trend after that which is very necessary foe the market to recover again. The market value after its fall remained stable for some time in the value equivalent to 8k and 9k dollar. The value after this stability fell down at 7k dollar and right after that constant increase started. This constant increase will enter us into a market where our coins have highest possible values.