Post
Topic
Board Bitcoin Discussion
Re: Psychological fear dominates the market
by
Pan Troglodytes
on 08/10/2018, 11:46:34 UTC
the market is falling and falling already there is little hope that the price of bitcoin will break through $ 9000 is very frustrating this moment I have already lost faith in the fact that bitcoin will remain on the cryptocurrency market
This is the nature of all long term (growing) trends, that they need declines to happen from time to time, even for prolonged periods, in order for the growth to build up again and to continue eventually.

A lot of people must lose faith and sell and we will see 3k or 4k level of prices, before we can continue on the growing path to 100k or 1m Smiley