Quote from: hadveach on October 02, 2018, 02:18:06 PM

Quote from: reflector on October 01, 2018, 06:18:39 PM

Quote from: hadveach on September 30, 2018, 11:13:32 PM

2017 was a victory for bitcoin, but by the end of December 2017, bitcoin was slowly falling with drastically, the value was $ 20K, and now it was $ 6K.

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

I want to know your prediction, do you have the same thoughts as me, or do you think that bitcoin will survive at $ 6K until the end of this year. what is the main reason you think like that?

Bitcoin prediction is really hard say so we should believe and stay calm in this year. Because if this move to more 20k USD all are
happy to celebrate that moment.
But market situation undetermined so it will move to backward we are all buy more bitcoin and hold for few years. I always wish to improve the future market so I hope it will became a master blaster in end of the year.

I agree with your positive speculation, but of course we cannot control the crypto market according to our expectations.

we will see better bitcoin, over the limit of $ 20K, not only that, but we also hope that bitcoin in the future can touch all aspects of our lives, legal, useful, and we can use it for transactions, investments, trade.

Sure, we cannot control the crypto market and that does not mean we shouldn't be realistic. The part you missed out I guess, is that we had a FOMO last year and a huge bull run before we started seeing a huge correction, and you kinda pinned it on the date and making it like the same thing would happen this time around and then we see it at $500.

That is quite impossible technically unless we see some crazy news that would drive price hard down like that. We have been in a downtrend and a bear year throughout, so if we go lower, it would just mean we are continuing with the downtrend and not like we are just starting the bear trend.

The chances of seeing a reversal from any point here onward is more plausible. Like Tom said, you cannot be going bearish when a market has experienced a huge bear action already, this is the time to be thinking bullish and buying the dips.