Post
Topic
Board Speculation
Re: Bitcoin can back to 20.000 to December?
by
Edsemen
on 20/09/2018, 20:57:26 UTC
That is probably not going to happen either the chances of seeing that are higher than all of those people that think that the price is going to recover before the end of this year, just remember to have a plan just in case the price does not reach those levels at the time you predict, many people only have one plan and when that fails they do not know what to do, do not be one of those persons.
Actually $25k at the September next year may be a bit realistic or even in 2020, but nothing should be expected that much when it comes to this year because whether we like it or not, we still have a lot of resistances above us and certainly, the market still looks like it has more room to go down lower. it is, I am sure as time goes on we will definitely get to see how far the market moves even if it decides to switch to the way up. Recovery will take a while which I expect there would be a consolidation period before even seeing any recovery at all.

Every one expect a big price on December,but I don't see that will happened, the history chart can't become a reliable source, one of the reason I pessimistic is even though there are numerous of positive news, the bitcoin price still unable to go up, it seems like the market is controlled by whales, when that happens I don't see there is chances the price going to go up quickly
Those who are expecting a big price in December are those who really have no understanding of how the market can work and then all they care about is moon and stars. We will be very lucky if we manage to go past $17k at the end of this year and that would have been a very great achievement for the year but as it is, nothing is guaranteed and looking at the way things are, the market sure looks like it could have more room to go lower.
In that case mate, that's too harsh to expect that bad and I think these people who were saying positive against crypto for December really did something responsive. Through motivation build up, it doesn't mean they didn't have no understanding, but the most certain matters for them was their progressive thinking after that declination will rise back as part of the recovery period. So let's just ride on with the best that we can do in order to set back for good and take those pending profits as we hold our assets.