Quote from: coinfinger on August 07, 2018, 04:43:48 AM

Quote from: montgolfier on July 21, 2018, 05:40:29 PM

I think that Bitcoin's price is slowly recovering and soon we will see how it will increase. Many people they will continue to use it for long-term investments knowing that it will leave great profits during this 2018.

It does not matter what you think for if you are thinking that it will fall forever then you are wrong. Look at the past situations when the price dropped a lot to 3k dollar and many more downfalls like this so after those down falls the price recovered and investors of that time got their profits. Only demand rate when increases then the price will increase itself so demand rate is responsible for it.

That is what a bear market always look like as it is meant to be sluggish since there is a huge uncertainty in the air. I guess what so many people do not usually get though is the fact that bull runs cannot just keep happening year in and year out.
Market has phases, which could be bull, bear or even consolidation phase and we have seen consolidation that has taken a huge time before switching to a trend eventually. We are in the bear phase and until we even leave that bear phase before we can even start noting what is possible or not.