Quote from: wahyu wida on December 03, 2018, 02:34:48 AM

Quote from: rodalutor on December 02, 2018, 08:06:06 PM

Price action is very little currently, we may end up in a narrow bracket for multiple months like we did with the price around 6k. Whales won't want to pump the price at this point, they'll want to keep accumulating. ATH is going to be a minimum of 1 year IMO.

indeed when the price is stable at $ 6000, we hope there is a pump, but what happens is actually a breakout down, so that it continues the negative trend, before it can penetrate $ 6000 again, I will not have a positive trend

Even returning back to $6k might not be a strong enough signal of a reversal, I think it would require breaking higher support levels approaching 10k usd.

Quote from: sambel90129 on December 03, 2018, 02:45:23 AM

Quote from: rodalutor on November 29, 2018, 11:54:36 AM

I'm not counting any chickens, all year we've seen the market slump for 3-7 days at a time then have a short 1-2 day recovery before stability and then the next slump. This time could be different, but then again it might not be.

that's the price movement on the money market, very fast changing if we can find a gap in a very fast situation then we can always get benefits, always make careful observations and not be too obsessed with a lot of profits, the bitcoin currency is very unique, it can arrive arrived down but it can also rise quickly too, it really depends on the world situation.

Right now bitcoin isn't being moved by the world situation or any particular news. Any market like this is more about mass psychology than anything else, positive news is brushed off in these times and negative news is jumped upon, the reverse happens in a bullish market, either way they don't change anything.