Quote from: SirLancelot on August 01, 2018, 07:51:59 AM

Quote from: Febo on July 29, 2018, 08:05:05 PM

Quote from: NoviceInvestor on July 27, 2018, 12:49:50 PM

I predict that even though the current bull run appears to be over, that BTC will not be down significantly below $6000.

This prediction is just based on looking at price variations in 2018. $6000 appears to have support.

Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.

That is a solid prediction. But question is what is next? Will be this the bottom of this Bitcoin cycle? When will recovery start?

The prediction is solid just because we had a fall below $6000 in the end of June and in the start of July which was instantly recovered by a quick rise within hours.

This was what I though as well after observing the price movement and the next I would love to talk about is the rise. We have a rising trend in the market and it might happen to continue till we have a bull market with the values crossing the last years highest.

If that's what we're looking fo and not the actual market, maybe predictions was making manipulations here. People were always crazy about it, and their world only turns around with the current opinions of different people who had their own thoughts. Somehow it becames more worst, since every ideas went to negative perceptions which made every traders decisions inaccurate.