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
Definitely! That was a really rough time for the majority of ppl. I wonder those ppl who bought Bitcoin at the price of $19k felt back then when suddenly it dropped to $3k.
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?
Most of the time Technical Analysis works for Fiats, but as you may know, ppl were also surprised when Bitcoin skyrockets. So the TA may be accurate/close this time, I mean its believable to the least.
And not to mention in the past few months its price is rather "stable" if you will.