Quote from: jossiel on October 12, 2018, 10:05:32 PM

Quote from: wuvdoll on October 10, 2018, 03:53:26 PM

Quote from: jossiel on October 10, 2018, 04:31:42 AM

He became bearish later on after estimating that we are near for this year's end. $9000 is a reachable amount for this year and he considers that too much price and speculation for this year won't ruin his reputation if he's going to change that. Buy bitcoin now while you still have a chance to have it under $7,000.

We may not see it below $7,000 again or I might be wrong but that's not going to stay there forever. I'm not an expert but for the past years you'll notice that every year there's an increasing pattern for bitcoin.

You are not wrong, but the thing with the market now is that nothing is guaranteed. This is not about being pessimistic, but looking at it from a trader's point of view, sideways movement is always better to get in when there is a break out and usually risky though because sometimes, the break down happening downwards can sometime be crazy.

For what it is worth though, the chances of seeing the market recover from here is absolutely there and there is no doubt about that, but at the same time, we also have to understand that until we actually see the market giving us a higher high and low before we can indeed say we are in a bullish movement.

Yes that's not being pessimistic and I know what you are trying to let me understand which I do understood that there's really no guarantee on where it will be ending for this year. I'm only giving the idea that every year there's a good ending for bitcoin and sets a better road for the next year to come.

It's also hard to believe right now with any of those bullish speculations though its not required and we have the decision to believe or not.

We still have a chance to get bitcoin for low than $7000 and I think that it will little bit bump in the coming two months. I am not sure about $9000 but I can say that it will reach or cross $8000 till December last. Price $9000 is also reachable and be more that because it is cryptocurrency and anything can be happen here but the current situation doesnt allow this.