I loved Dec. but now the bear cycle came down on us so fast like an elevator. So what does that mean for the near future are we taking the slower stairs back up for BTC?
I'm glad we had double-digit growth couple days ago, but now it's like so slow and not just busting through $9-$10k.. what the heck BTC.
What are your thoughts, elevator down and stairs up or not?
Did you even reason about what you posted here? Have you checked your chart to see what happened in 2017? It took us months before the price of Bitcoin went for the bull run. Right from January, February and so on, the price was being kinda stable and wasnt making much increase or decrease and was so slow just like it is now till we reached the month of October, and the main run up was on December. So what are you complaining for, why not wait till December this year and see what happens?
Absolutely right. The price is downing like elevator and rise like a stairs. It is not good for new investors because they want profit against their investment and when they found that bitcoin decreases more than increases they will not put their money in it. Little bit increase in the price is necessary to catch new investors otherwise the market cap will reduce more.