Quote from: Herbert2020 on October 07, 2018, 06:42:29 AM

Quote from: vintages on October 07, 2018, 02:46:47 AM

It may not work like that cause every price increasment that we encounter in Bitcoin is being goverved by an action. The influence of Bitcoin skyrocking price last year by this exact time is because of the high demand as a result of FOMO and another factors. For another major price increase, we need more than these two. And know that Bitcoin price will definitely see another increasment but not this year.

you may be right and price may not see any major rise this year but that still doesn't give it any legit reason for not rising. in fact i do believe that the only reason that bitcoin has not been rising for the past 2 or 3 months is manipulation and the fear of the manipulation that can come in case of a rise. otherwise price should have gone back up to at least $9k where bitcoin really belongs to not this underpriced level that it is currently stuck at while whales accumulate happily.

Yeah you are right, and the demand for bitcoin in this year is very low. Due to low demand the price will not jump again like the previous year. There were also some whales that manipulate the market and bumped the price temporarily and thats the reason that in the second month of the current year the price went to its natural price level. So dont be fool this year.