Quote from: clarkgeneral86 on October 12, 2018, 04:41:37 AM

Quote from: stadus on June 21, 2018, 08:54:03 AM

Quote from: rommelzkie on June 21, 2018, 07:14:52 AM

You are correct about that. We encountered very strong bear candle and yet the bulls cannot overcome or reverse this process in an instant. This is a sign of Strong Bear Movement and Weak Bull recovery.

It is advisable to wait for more days because there is a chance the bitcoin will break the 6,000 price level and reach a new lower low. Im expecting bitcoin to reach 4,000 - 5,000 price before it bounces back again.

That should not happen, we still have strong support at $6K and we should see a bull run starting with the current price.
It will discourage people if the price will even go lower, the market has been at dump for 5 months already, we should see some good signs to make this pump.

I also think like you the current price is too low and not attract many investors. This in my opinion probably needs more time. And our expectations are likely to exceed $ 6,299. And when will this sign of return be better this year?

Vice versa. Many investors now are attracted exactly by the low prices of the cryptocurrencies. They are eager to buy altcoins and Bitcoins when they are rather cheap. They know, it will give them good money soon.