Quote from: binhvo1505 on June 11, 2019, 08:51:43 AM

I don't think the price of BTC could exceed $ 12k this year.

People didn't believe in the price to break the $6000 mark either this year, but it still did. This market doesn't care about anyone's opinion or prediction--the price has always gone up and down when people didn't expect it.

The fact that we have seen a parabolic rise this year is mainly due to how people didn't believe this would be possible and fomo'ed in to not miss out. The same applies to what happened during the 2017 bull run.

In 2018 people prepared themselves for a continuation of the bull run, but that went horribly wrong for them. Most of what these get rich quick people bought in was dumped in panic on the way to the $3000 bottom.