Quote from: sehoon on October 29, 2018, 11:51:55 AM

Quote from: timX5 on October 22, 2018, 02:41:22 AM

Trading volumes are at all times low plus stablecoin showing some concerns.. If BTC breaks through $6K mark, we might be in a free fall for some time again. Any thoughts?

I don't think you can sit back and say we might be in a free fall for some time again. Bitcoin and great altcoins are actually volatile and you really can't predict the right thing 100%. And the trading volumes does not have any correlation with the bitcoin and altcoin's prices.

After a large decline in the market many people decide to stop trading and only monitor or partially do so for a long time. This causes the volume to run low, but I think Bitcoin still has power so that it won't happen, yes to go through the decline in 6k it needs more bad news but we all certainly don't expect that. We must continue to believe that bitcoin is able to rise.