Quote from: htconem7 on July 17, 2018, 05:04:14 PM

Quote from: mika11 on June 15, 2018, 05:28:25 PM

The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?

You can see that the market in recent days is showing signs of strong recovery from the good news to bitcoin, the rebound of bitcoin has also made the price of altcoin recover very strong and market are excited again. I believe that at this time you have believed that the market has recovered but I think that you should not be subjective, always be wary because the bitcoin price will probably decrease at any time.

We had a shifting and re shifting today in the price of Bitcoin as it started to increase from 7324 US dollar to 7456 US dollar and now the price is back to its previous position of 7318 US dollar so this price movement is from the start of this year with a little increase after which we have a downfall. However the price has increased from the lowest price which had some weeks ago and we need more buying from traders or investors to bring further increase in price.