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[microunit]

According to analysts and traders bitcoin might have a dark future ahead as statistical studies suggested that the trend bitcoin is currently sitting at now is same back in march where a major pullback took place with this data they speculated that bitcoin might have a major pullback event coming

 

[SCAMEXPOSER]

I don't believe this speculations, I will appreciate @microunit , if you source for stastical data or graphical representation to show this from where you source this information or news.

 

[Balint098]

I don't know from which crypto news site he got this info from but maybe he's referring to this article:

https://www.newsbtc.com/2020/07/06/one-metric-suggests-the-impending-bitcoin-doom-may-not-arrive/

 

[ELSA-ELI]

Yeah I have really been looking at the trends of bitcoin and I must say am impressed coz so far so good.

 

[faribakhazaei]

According to analysts and traders bitcoin might have a dark future ahead as statistical studies suggested that the trend bitcoin is currently sitting at now is same back in march where a major pullback took place with this data they speculated that bitcoin might have a major pullback event coming

A pullback is not a dark future, its normally a fluctuatin down trend off course and it means its temporary and will be retreated in close future, so think u might enter the short position getting back the long after a while once the pullback is over

 

[SCAMEXPOSER]

Every body into Crypto currencies big time could predict the value or price of bitcoin at any time but there should statistical back up to their claim not just a mere claim to create spark online.

 

[faribakhazaei]

Every body into Crypto currencies big time could predict the value or price of bitcoin at any time but there should statistical back up to their claim not just a mere claim to create spark online.

And if you know the rules of anaysis its not that hard, we see a resistance in Bitcoin which is not getting broken, so its not weird experiencing a downtrend and with not a mild slope for sure

 

[Janagamaramesh]

Yes I think so.,

 

[Balint098]

If it do happen I hope it will be just a temporary one, like a correction. Back in 2019 bitcoin is trading at 3,000-4,000 and now at nearly 10,000 USD so it will bounce back.

 

[Raikage]

Not Impossible.
With the volatility of BTC, it could happen..but with the demand today, it might not yet.
With the covid pandemic it dropped but bounced back in just a coupke of weeks months..and getting stronger. Many are already getting hooked to BTC, with many platforms coming out, trading sites..etc

 

[Wisdom01]

What if it increases more than having a pull back , I knew some analyst where trying to compare years back when the price reach $20000 then start falling drastically

 

[berberguy]

I hope that this will.happen
But for like a limited time and it goes back up again
I regret that I didn't buy any BTC when it dropped to 5000 $
Must take chances !

 

[Teffy]

According to analysts and traders bitcoin might have a dark future ahead as statistical studies suggested that the trend bitcoin is currently sitting at now is same back in march where a major pullback took place with this data they speculated that bitcoin might have a major pullback event coming

I do not know much about bitcoin I am new to the world of cryptocurrencies and I would like to know if it is profitable to invest in this cryptocurrency

 

[berberguy]

I do not know much about bitcoin I am new to the world of cryptocurrencies and I would like to know if it is profitable to invest in this cryptocurrency

I'm not an expert either
But I suggest not buy any BTC now because it is relatively high
Buy when it is 6000$ or under

 

[Wisdom01]

I do not know much about bitcoin I am new to the world of cryptocurrencies and I would like to know if it is profitable to invest in this cryptocurrency

Its profitable to invest in cryptocurrency when you buy and sell you earn profit , but I don't suggest you invest now ,wait let the price low first

 

[Josemendez]

According to analysts and traders bitcoin might have a dark future ahead as statistical studies suggested that the trend bitcoin is currently sitting at now is same back in march where a major pullback took place with this data they speculated that bitcoin might have a major pullback event coming

I think with the current events surrounding bitcoin , the price will rise I stead of falling .
Most of this speculation are just people's opinion which in most cases do not come to reality .

 

[microunit]

I think with the current events surrounding bitcoin , the price will rise I stead of falling .
Most of this speculation are just people's opinion which in most cases do not come to reality .

as most are just predictions, predictions are just obviously people's opinion which has no proof that it will come true, most of them do just want to think positive

 

[Balint098]

I mean, the price can rise or fall off the cliff

I'm not an expert either
But I suggest not buy any BTC now because it is relatively high
Buy when it is 6000$ or under

I'm not sure if Bitcoin will reach that low again. Just a few eeks ago bitcoin dipped into $8,000 area but later quickly rebounded. It's good for late investors but bad for those whowant to sell at higher price.

 

[microunit]

I'm not an expert either
But I suggest not buy any BTC now because it is relatively high
Buy when it is 6000$ or under

considering the popularity it gained lately , with lots of people jumping in bitcoin because of the pandemic stay at home earn money online niche

 

[fomeiggo84]

btc above 11k, hope it sustains and be stable