Quote from: lizardbtc on September 10, 2018, 08:14:08 AM

Quote from: FinanceX on September 10, 2018, 07:49:53 AM

Looking at the charts it still seems likely BTC will still fall well below 6000. Are you optimistics for a turn around in perhaps October or November?

If we take a closer look about past few years you can notice that mostly at the Q4 of the year that price starts picking and going up. If we follow this "Season trading trend" then we can assume that there is lets say good chance, good probability that it could happen this year as well. Although this doesn't guarantee nor mean that it is going to happen 100%. Given in mind that ETFs keep getting rejected and maybe there will be another "bad" news that could have an impact. Because you can't control things that might and could or even happen around. However I am staying optimistic. If nothing happens in Q4 of this year I have good feeling about the next year. All depends how afraid are the people of buying because of the big pump last year.

Most of us are hoping it will happen again in this Q4 of this year just be patient and calm this is our chance to buy bitcoin at a low price if the ETF will approve this month Im pretty sure the price of bitcoin will boom and we can see a long green candle but if the sec deny again the Etf proposal the momentum will be change to red candle stick, so just be observer and always update on the news it will give you a hint on what will happen next to bitcoin.