Quote from: gabmen on August 25, 2018, 01:39:55 PM

Quote from: Febo on August 25, 2018, 11:33:24 AM

Quote from: putrisa on August 25, 2018, 06:48:47 AM

I think the price of cryptocurrency can all happen and it could be that the price of bitcoin in September experienced a price increase like last year because no one will know where the price of bitcoin is.

I price will go under $5800 we will know it hit bottom. But yes, we will not be sure at that time if that is the real bottom of the Bitcoin cycle or there will be another latter on. So all we will have to do is to wait for the bull market half year latter to confirm that bottom had happened. Eventually we will know. Same as we know right now that bottom of last Bitcoin cycle happened in January 2015.

Well i'm quite positive that we've already bottomed out or at least the bottom this year would be close to 5.8 or 5.9k and not lower. Last year's amazing run i think started a slowly in sept so it could be thr other way around.

Bottom has been called many times, but crypto-market has it`s own mind. I believe that we already seen a bottom like Gabmen says. We had amazing last year,
this year we have a little break, but I didn`t lost confidence in one or more amazing years ahead of us.
New bottom in September means that price can drop 20% or more. That can happen, as we all know with Bitcoin price anything can happen. But as winter is
coming I`m confident in grow. Last year prices started to rise after August, and this year we can have similar situation. What ever happens I`m holding, if it
drop more I will buy at that new bottom.