looking at the Trend it might go more Down there was a hope Recently when it touched 300$ mark but not again .. :(
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looking at the Trend it might go more Down there was a hope Recently when it touched 300$ mark but not again .. :(
Yes indeed...it seemed to be a false hope... and turned out to be just a lower rounded top - which is definitely not a good sign. More reasons why I think we're in a down-trend:
However, even with all the above inductors I think there is some chance imo that we could still get more of a sideways considation rather than crash/large drop. But only time will tell!
Very cool if your predictions will come true, wait, not sell :-)
Thanks :)
Although in that comment my prediction pretty much just adds up to saying 'I've got a bad feeling about this...' ;)
all we can do is now just Hope for the Best :)
The market is not looking too bad today (right now) :)
I think I'll always have a slight negative bias influencing my thoughts which I should try to get rid of :) (Just because I was around when the previous bitcoin bubble deflated!)
everyone started to buying after that massive growth and when it started to fall down a little every one sold and this led to the Crash eventually and there after it has not stabled itself.
Agreed.
I would just be quite surprised if it stabilised at the current levels. Most bubbles have a very similar look, I.e., it eventually stabilises a lot lower than the highest point it reaches (but we may not have reached the highest point yet!).
Alternatively, perhaps this not a bubble at all (!) and we're just going to see steady growth year on year (a bit the like the stock market), but I dunno. Personally im a bit sceptical about this possible scenario ;)