Quote from: minersday on October 06, 2019, 08:43:08 PM

Quote from: BelleFra on October 06, 2019, 08:06:48 PM

Dear All!
What do you think about Bitcoin 7700 $ in the next two weeks. At least I see it like this. Consolidation completed. But Bitcoin is pulling down last the analysis. Although I may be wrong.
BR

Well, this is your personal assumptions but i don't think you have really monitored and studied the patterns at which the prices of Bitcoin changes. There is no way the market value of Bitcoin will go below $7k. Please spend some time analyzing the market before you make any assumptions.

Did you look at the market right now? the price just drop to $7889 USD on the longforecast site then came back to $8005 USD as we speak,
I am not saying that he is correct but I think he is just making some point that the price really did drop, I guess you can not read that in the chart on the market and maybe we can not see some panic buying that is happening right now, you can not read it on charts the emotions of people and how drama starts but we can surely compare the movements on the preview charts and compare the outcome but the emotional movement and weak hands selling can not be seen on a chart, Maybe he's got a point that in weeks we might see a $7700 mark.