I noticed that after the BTC went up in the early of 2018 dropped to $3000 at the end of the year i am afraid that may happen this year and price drop to around $3000
According to technical analysis, the price of BTC will sure drop around $7000 soon.
I understand technical analysis may not work well in this market.
Do you agree with this?
Technical analysis won't be that perfect everytime, and TA is good with trading. No matter how low the price has fallen, but surely it'll get recovered. This needs time to recover, but very few has got the patience while majority just get into panic and end up losing. Before the end of the year there is more chance for price to lower down to $7000, which will once again gets recovered by the time of halving.