Quote from: BitcoinNewbie15 on September 18, 2018, 04:40:58 PM

Quote from: shanem on September 18, 2018, 02:16:34 PM

Bitcoin for some reason refuse to go below $6000. It is no brainer that the price of bitcoin will higher in the next decade but bitcoin fluctuations could kill you if you attempt to trade it. My advice would be divide your capitals into portion and just buy a bit of bitcoin every month.

I have been thinking the same thing, Bitcoin has bounced off of the low $6k range so many times this year, seems to be very strong support at those levels. Hopefully this support holds, but if it breaks we potentially could see a much longer bear market. I'm honestly thinking the SEC decision on sept 30 for the Vaneck ETF will play a huge role in whether or not the market will be bullish or bearish over the next year.

ETF decision by SEC will have the effect on the bitcoin prices but not a long term effect which might ignite a dump or bump at the market for a while then later the people will accept their decision and will move on to their investment plan.