Quote from: Totscha on June 28, 2018, 01:26:41 PM

Quote from: celjc on June 28, 2018, 06:44:28 AM

Hi Legendaries! Any strong predictions as to when will the bitcoin will rise from today's price?

Gathering wise answers from you

Thanks Guys! Cheesy

The general market direction will be down for the near term. We may get a relief rally in the next month or so but it will likely be short lived. And we probably won't get over $10k.

My best guess is that we will be seeing a lot of sideways action in the $3k - $5k range for a long time, possibly years.

And I agree with BitcoinNewbie15 that the next major rally is most likely in 2019/20.

I could of course be completely wrong...

I am actually waiting to see how that is going to be playing out in the long term anyway.

Nevertheless for now, nothing is actually guaranteed and like you said, at this stage, it is normal to be wrong, knowing how volatile the market can be. For now, we are in a bear trend, there could be some little upward movement before going lower again, and we could just start dropping immediately. We just have to wait and see how that would be like anytime soon, but predicting the future is what no one can do.