Quote from: snipie on July 28, 2018, 06:42:03 AM

Quote from: NoviceInvestor on July 27, 2018, 05:44:37 PM

And bitcoin is going back up again. My prediction is already wrong.

With cryptocurrencies in general when you give a logic prediction you always win. Saying Bitcoin will fall is true and it happened. Saying it will rise, yes it happened too, unless you predict something over $10,000 in a short period.
The important parameters is not the price movement in fact, it is adoption then comes the level in which the price could resist above.

that is only true about bitcoin not cryptocurrencies in general sine the real adoption has only so far happened for bitcoin and most of the altcoins aren't even ready for the real world or capable of it even in some cases.
and regarding $10k I have to say it is not such a far away target to be impossible for a short term. it is only a small 20ish percent rise which is really nothing for bitcoin. I think you should have said $100k in short term.