Quote from: gabmen on March 19, 2019, 04:19:01 PM

Quote from: BeGoods on March 16, 2019, 01:59:49 PM

Quote from: Dreamchaser21 on March 08, 2019, 12:46:07 AM

Its hard to know where the market is heading but I'm confident that the bottom was already hit. The recent dump is just because of the failed attempt to break the resistance and its normal. The dump price will continue not unless we already surpass the resistance on level $4300. Let's make a good prediction, the market will go high!

I see a lot of people responding like that, if a lot of people believe and are confident about the condition of Bitcoin in the future, then I'm sure recover is just a matter of time. The bottom already over which will happen in the future is price increase, it's better that you prepare to buy more before you are left behind and miss a big opportunity..

The question is, are that much people really confident n btc right now? Though i agree that we've probably bottomed out already, i don't think confidence is high. New investors are still wary in putting in money after the 2017 -2018 drama. The steady hands would have to get is through this slow movement for now.

In 2017 almost the same pattern of growth took place. For a long there weren't big growth, only the market was showing signs of fluctuations. Later it grew gradually, and by then investors began to pour lot of fund into bitcoin. This kept the market keep on growing without any interruptions. Finally by the way close to $20000 the price drop got initiated and showed drastic fall. By this time it is predicted for a growth above $4200 which might take the price further to $6000 by the end of the second quarter 2019.