Quote from: LogitechMouse on June 25, 2020, 11:51:54 PM

Quote from: falcon69 on May 13, 2020, 08:04:08 AM

Predicting the future movement of bitcoin is really difficult at the moment. I don't think that bitcoin will fully correlate with fiat money. However, I personally expect a slight drop in price. But later, when the cryptocurrency begins to be used more, the price will rise again and will be higher than before. Yes, I am an optimist.

Base on the TA expert that I always watch on youtube, we are currently in a Wave 4 unpredictable, many overlapping stage.

Yes predicting the movement of Bitcoin is always very difficult but for him this is more difficult that even the professionals are also having a hard time on it. Bitcoin is at around 9k right now and it is on a small downward movement but I believe that when it break the $10,000 price and stays above on it, the chances of it going up will be higher too and vice versa. Most here are optimist I think so lets just wait for what will happen.

Although the indicators are very unpredictable, I believe the market will have a sharp decline. Bitcoin is currently following the growth of the US stock market. and recently people mainly use money to buy stocks a lot while the US economy is facing many political difficulties as well as employment and epidemics. Currently, cases are rising again and opening up the economy will become more difficult. Once people feel that the economy is too bad, they will immediately sell off and then the price of bitcoin will fall sharply. I always believed that and now I still hold USDT and do not want to buy coins yet.