Quote from: therwtonn on September 10, 2018, 07:39:39 AM

Quote from: Temujhin on August 25, 2018, 05:59:39 PM

Quote from: PartyPete on August 14, 2018, 05:44:00 AM

The Bitcoin pirce trend has always been clamped within $5500-6000. The spike pricing $7000 was too synthetic since an increase if 1k in a day was a bit sketchy. Will we ever see pricing skyrocketing again? What are your thoughts?

For prices to skyrocket, I don't think it will be in the current year, and my prediction of the market will continue to be bearish until the end of the year is only a slight surge and again decline.
I hope this will be a gap for investors to buy coin coins at this declining price, and start not to sell because everyone wants next year there is a market change to bullrun and not to continue to be bearish

Obviously, no realistic person will expect a huge spike this year and even if we do, it would not be to start imprinting a new ATH with the likelihood of not even reaching the previous ATH before the end of the year.

So far, the market is still trying to hold up but getting a lot weak as it keeps thriving to move upward. What is important now is to see how the market is going to be like in coming days and how the bulls are able to bring out a good statement towards participation in the market for smart moneys.

I completely agree with your statement.

There are still some people out there that seem to think that a bull market could still emerge this year. In my opinion, that is just completely and utterly unlikely. There is no hype surrounding ETFs anymore, despite what some people may tell you.

The pump that we had a few weeks back was obviously a bull trap looking at this stage, which I expected.

Markets are overall extremely bearish still, and I think that it's irrational to think that it's going to change at any stage of this year given the 2014 bear market lasted much longer than this. Remember that in bear markets, even news regarded as bullish previously do not matter much.