Quote from: wuvdoll on September 30, 2018, 03:48:55 AM

Quote from: Mobius on September 27, 2018, 10:10:23 PM

I think this is more likely to happen in 2019. The bear market still has some way to go before the accumulation begins.

When we start seeing accumulation we obviously will end up seeing some level of consolidation for a while and then from there, we will be able to see the market taking a new shape to the moon but for now, I feel we are still dwindling between the market considering whether to go on a short term uptrend before continuing with the downtrend before the consolidation or in this case the accumulation period or it will just break below the descending triangle and go lower which in this case, before we can start thinking of seeing anything serious, I would say 2019.

I think it is not right; the current price will go till the end of the year, because the market trend is negative and people are not investing their money due to huge volatility in the price. Most of the investors lost their money due to dip in the price. Now the afraid of investment. The price will gradually increase with the passage of time when the use of bitcoin increases.