Quote from: CryptoIyke on September 21, 2018, 12:32:48 PM

I have this assumption that we may be having another December bull run, though may not be as high as we had last year. Bitcoin however have maintained a very good support level around $6000 since this year and there is no sign of breaking lower.

Sampling opinions from various investors show that there is this excitement and anticipation of another end of the year bull season and aside TA and FA, the market is equally controlled by the investors psychology and with this whole charade of an expected December bull season, I am of the opinion that it will likely come as a lot of persons are already waiting as we have a large number who are "for" than those "against".

IMHO right now Bitcoin price is close to breaking down at the base of the global triangle on its daily chart. So personally I expect to see continue of bearish market. I think that by the end of this year we will see Bitcoin price under $ 4,5K.

lordmick

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