Post
Topic
Board Speculation
Re: who else has the feeling that bitcoin will keep going down?
by
Golftech
on 03/07/2018, 04:12:02 UTC
who else has the feeling that bitcoin will keep going down?
I am not against bitcoin nor do I want to spread FUD but every day I am with the feeling that bitcoin will continue to lower its price. In spite of that, I still keep my cryptocurrencies.
I really think that if this is not the bottom then we are very close to the bottom, many of the people that were not ready to hold their coins have sold already, now most of the people that still remain in the market are people that are not going to sell no matter what and speculators and while speculators have an influence in the market their influence is limited since we are seeing the volume of bitcoin has gone down significantly.
There's still a chance that even we are seeing some green market right now the bear will appear again, as many opportunist and short term traders will keeps selling what they've got from it's cheaper price, taking their profits right away when they've seen the opportunity like this, so until then we can't assume if the rally will continue up or another big downfall will come.