I'm think so possible to see 9k price but anyway for grow up need trade on bottom a lot of time then can easy take 18-20k . We need still wait mass release LN and good promotion.
It bottom below $10K today, but immediately recovered above the $10K price. I guess we need to see the price to go this low so that new investors can get into the market price. Lightning Network has been so much talk about in the forum. Everyone is excited about it because it looks like this is the savior to the current state of bitcoin.
So for me the bottom is around $9K, I don't see bitcoin going down below that because its good buying point for most of us. And with LN implemented in the future, I'm seeing the price to go above $20K.
After a false recovery tonight the bulls and the bears are again battling around the 10K level... another moment of truth.
They have been battling but because of the recent news about US regulators subpoena Bitfinex and Tether, the bears is still on top and the bulls still hibernating. Another long battle, I hope the bulls win in the long run.
