Quote from: Jemzx00 on Today at 05:43:18 PM

Quote from: Cryptomultiplier on Today at 09:16:45 AM

But why can't the price stay steady? Are we moving towards the dippest part of the dip? Just wanna know your thoughts.

You're a long term holder yet you want the price to be steady? May I know what do you expect in return on holding bitcoin if it's value is steady all throughout? The value of bitcoin is volatile due to various reason and as of now there are news which concerns it's price which is about Mtgox.
In regards if we are moving towards the dippest of the dip, unfortunately, noone will be able to know whether that is what will happen as various reason could still come up from which direction we will be going through.

A true long term hodler shouldn't care much about price volatility. Bitcoin is not a stable coin and it must continue to make moves within the range it is. I believe in the analysis of Franky1, I don't know about the technical aspect of it, but when you see the logical aspect of it, you will understand that it is correct to believe. We are in thr window of 15k to 90k, anything can happen in this window.