Post
Topic
Board Speculation
Re: What happened to this 'easy 10k'?
by
suzanne5223
on 11/09/2018, 08:14:08 UTC
Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

Welcome to the world of volatile assets. Everybody can make their predictions in favor of bitcoin's price hike but bitcoin can go on reverse anytime as its market price movement is unpredictable. Too much expectation for a price hike will just lead to frustrations towards cryptocurrencies.
Yes, Bitcoin is volatile in price but 70% of it price movement can still be predictable if apply both the fundamental and technical analysis in finalising the result. However, the main problem causing wrong prediction is people optimistism and wrong information posted in other to move investor into the market but there's time and season for every thing.