Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: maklampir on October 06, 2018, 03:47:13 AM
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Since 4.13, when Bitcoin suddenly pulled up, does it mean that the bottoming is successful, Bitcoin will usher in a price increase, and it is expected to exceed $11,700, or even higher.
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Well strictly speaking, the trend at the moment is upwards, but that's the thing about Bitcoin: that's about as far as you can go with trends. It has been doing relatively well lately, but that could reverse at any time, and the bottom could be even lower than what you'd have thought. If someone tells you Bitcoin is about to get into the $12k territory because of the recent upward trend, I can guarantee you that they're simply guessing.
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A year back it went to $4k, then goes down to $3k, then goes to $9k, then $6k, then $20k, then $5.8k then $8.5k now at $7.5k, honestly if I wasn't already heavily invested as a person into bitcoin and all other coins, I would definitely get out of bitcoin and get a steady job and never look back. However I am bound to bitcoin since what I do and I get paid in bitcoins so I can't exactly "leave" because I would get poor in one day as soon as I leave. I need to keep working but I am telling you bitcoin prices swing so much that it can make a person dizzy from looking at the screen for too long from all those ups and downs.