Quote from: Temujhin on August 07, 2018, 12:32:09 AM

Quote from: hh4mmm on June 13, 2018, 02:36:43 PM

hy all
What do you think could be the problem of this sudden drop in market, everywhere is in deep red & how can volatile-ness in crypto market be reduced to the lowest minimum brim(like a bench-marked prize) ,please outline how this can be solved.

I just stay quiet and calm, maybe because on the current month is unstable price fluctuations, therefore I just monitor the market situation and certainly at any time prices will not go down and there will definitely be more increases, maybe there I will seek profit although a little risky

We are currently trading far below $7000 bitcoin can go as low as it wants as no one knows, but we can only estimate the worst case scenario which in this case, I may consider the range of $6500 to $6300 before a bounce, still an assumption. Honestly I would not actually be surprised at all if we get to see the price go as low as this.

So far, we have seen the behavior of the market as it tends to move downward most of the time, and the fact that we are still in a full bear trend. The possibility of moving below $6000 is not seeming and I would not be surprised if we get to see a new ATH before the end of this year. However, time and trend is all that we have to know how the market would end up fairing as time goes by.