Quote from: Voidcrafter on September 27, 2018, 09:05:20 AM

You're talking about technical analysis. Yes such movement I too observe that now the figure of "triangle"is formed. The lower bound at around 5100-5300. With a strong desire to break through this level of whales, they will do it, even at a loss. BUT they will lower prices and then begin to buy large volumes. And the price will quickly return to 6500. And then a smooth climb to 7500.
As for the price by the end of the year, it is you overreacted with the figure. I am not sure that we will see strong growth this year. Although this all my guesses and assumptions.I see a price of 8000-9000 by the end of this year.

If I say that the price would be $5235 in the next one week, who will believe it? These are just predictions and nobody is able to give the exact price. I wonder how some people are so confident about the future price of bitcoin, although they know that the investment cap in decreasing and people are withdrawing their money from bitcoin and the price may decrease.