Post
Topic
Board Press
Re: [2018-10-02]Bitcoin Price Stable around $6,600, CEO of deVere Group Forecasts BT
by
hotforblockchain
on 08/10/2018, 09:28:47 UTC
Over the years I have learned that the more people await something to happen in Bitcoin the less likely it is. When we were falling down to 6000 the second time most people expected us to go lower and many professional traders were drawing patterns where Bitcoin followed the 2015 trend and headed for 4800. Now so many people expect another FOMO rally. I  think we will have to wait another year for it to start.

True, almost every TA was calling for lower prices. It seems that market cant decide what to do right now, but this is totally normal , we had a bubble, right now we got it out of our systems .

Also there is no reason for new breakout and FOMO, not gonna happen this year.