Quote from: Yamifoud on Today at 11:07:08 PM

Quote from: virasog on June 19, 2022, 06:39:49 PM

Yesterday the bitcoin price dumped to 17,600$. A lot of people are saying that the bottom would be 12,000$ or 15,000$. Some even think that 6000$ is on the cards. However, we have seen some recovery in the price and it is now above 19500$.

Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?

We all can have our own speculations and price prediction, however, these all can't be said was right or wrong. Even having the basis like citing the past events and market history, still can't assure about it, we know how the market works, unpredictable. We still don't know if we have already touched the bottom price of Bitcoin or if there is something that might surprise us someday as to see that the bear season isn't finished yet, we don't see any significant reason for the price hike that is why we could expect more dumps after a short rise.

As you said, the movement of the crypto market is very difficult to predict, so each of us should do some research and analysis. So we can predict
where the market will move, because relying on other people's predictions is not the right action. There is no guarantee that other people's predictions
are more accurate than our own, so we must believe in our own abilities. Because only we ourselves know what is best for ourselves, so just do what
we think is right, that's what we should do. Then never be afraid to fail, because failure can teach us how to achieve success. So we decide
for ourselves the steps we will take considering the current market situation, but according to my prediction the market will still fall even lower.
So I decided to monitor the market movement first, to be more convincing of the decision I will take.