Quote from: FightThePower on Today at 09:54:31 AM

Quote from: Eugenar on August 07, 2020, 03:09:21 PM

If there will be a sudden increase regarding the rate of the price's movement, things could be easily concluded. But the thing here is that, anytime the market could again collapse. I think the new ATH will not be reached this year, and the highest market value, if ever the increase would be continuous, will play around $16,000-18,000. If we would observe the behavior, consistency is lacking, which is in the first place, a normal thing especially if it is a crypto's market value that we are talking about.

I hope nothing worse would happen for the rest of the year because it may trigger a crash especially if it is the economies of different countries which are concerned. My expectations are not that high, maybe because we had our hopes up before whenever an increase is being observed. Just a matter of being realistic.

Are you saying you don't believe bitcoin will ever reach beyond 20k again? Or just this year?

Actually he have a point in certain things but actually we cannot tell on what will happen on certain days coming since we don't actually know how the movement goes and how it will end up but bitcoin can surprise us so we need to get ready for the result since might we gonna see some new ATH or maybe we can see a flop for this year.