Quote from: rekinthis on January 17, 2020, 10:23:37 PM

Bitcoin reaching 10 K is easy and can occur in a short time, as Bitcoin can suddenly reverse the situation and also dramatically decrease. And bloomberg or whatever predicts bitcoin is not necessarily true, but all predictions of an increase in bitcoin would inspire and be confident that bitcoin will always give a good return in the near future or a long time depending on their patience and faith in bitcoin, the best choice now is to keep it and let bitcoin move as it is.

We need to watch the price very closely because right now it is at a very important resistance level, if it is able to break through that level then the mentality of most investors will become very positive and it is quite likely that we could reach 10,000 during the next days, but if we fail to break away from that resistance level then it is likely the price will begin to go down.

And then the question will become, will investors panic? Because if they do then just as we saw this important recovery we could see an important decrease in the price.