Quote from: SoulRey on November 02, 2018, 10:05:27 PM

While many analysts and experts expect the inevitable explosive growth of cryptocurrencies, at least one person stands alone and does not rule out that the price of bitcoin will continue to decline. In his latest forecast CEO BitMEX Arthur Hayes mentions the mark of $ 2000-it is to this level, he suggests, may fall the first cryptocurrency.

Hayes believes that before the end of the bearish cycle is still very far according to him, before the initiative goes to the bulls, the price of the cryptocurrency could potentially drop to $2000.
if volatility remains at the current low levels, the price will gradually decline.

I don't think he's the only one thinking about bitcoin's decline. However, even though he believes that btc could go down to 2k, he still argues that it will enter the bulling trend afterwards, so it's not as bad as the headline sounds. He's just an exchange CEO, not a prophet. And 'may go down' is not even a strong remark. A lot of things may happen but won't, so we have nothing to worry about. I really hope that the price will rise and stabilize around $18k in Q1-2 of 2019. I wouldn't mind if it doesn't grow more, but I lost quite some money on that drop and I would appreciate if I can get it back.
Bitcoin has not fallen below $5800 or so in a year, so I don't think we have strong reasons to believe that it will.