Ninjastic
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Board Speculation
Re: My prediction
by
gabmen
on 06/08/2018, 11:44:15 UTC
Quote from: geberger on August 06, 2018, 07:46:46 AM
Quote from: shadowtree on August 01, 2018, 02:56:31 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.

I don't think we will reach anywhere close to 6k again.  It looks like 7.5k has a ton of support so the bull run should be picking up again soon by the end of the year.
Yes that is right that bitcoin price is getting a very strong support at that level and therefore it does not look like that bitcoin price will fellow down below 7000$. I think that the current price is the lowest price for bitcoin and it will not fell down any more.

Well i didn't think that was ever a bull run to start with. Though things are not as worse as they were a  month or two ago and i think that 7k support will hold, at least for a little while more.