slightly off the mark with predictions

[Slash61]

it seems like we are quite difficult to reach the next number. early preparation take off time was very good. but, the price is now up and down in the $ 10k - $ 11k figure. predicted later this month I think we will not get to the figure $ 15k, do not get $ 15k seems to reach $ 14k we should really work hard hopefully the numbers we expect will come in time.

[Herbert2020]

the current weird fluctuations that bitcoin has does NOT mean the follow up rise or even fall that some people predict won't happen. it just means that this current period is unpredictable. how long will it last, is something that nobody knows. it may last a couple of more days or a couple of more months and price stays within the same channel then break out and reach $15k or ... prices.

[timerland]

it seems like we are quite difficult to reach the next number. early preparation take off time was very good. but, the price is now up and down in the $ 10k - $ 11k figure. predicted later this month I think we will not get to the figure $ 15k, do not get $ 15k seems to reach $ 14k we should really work hard hopefully the numbers we expect will come in time.

Nobody ever expected bitcoin to go from $6k to $15k within one month.

Only the irrational bulls would believe that bitcoin can climb from $10k to $15k within a few days. I remember someone's thread that was made about that being a possibility, and someone even saying that it is going to be guaranteed. That's just crazy.

I mean, what do you expect? After a 100% increase in price there will be profit takers that are trying to cash out, and there are going to be shorters that know this happens every time there is a big pump. That's why price is going down right now.

[talkbitcoin]

i call this the uncertainty phase
right now nobody knows if we are going to start a rise or start a fall. so price is stuck between two prices, one upper resistance and a lower support and keeps testing both of them over and over again.

there is no "mark" during this phase to be off it or not. there is these upper and lower prices only and if price breaks any of them, by that time the real direction becomes clear.

for now i doubt that the follow up trend would be down. despite all the dumps they are doing these days.

[imapessimist]

It is certainly difficult to predict up or down now.  I thought it would go down again in the last week to around 8k but it didn't.  And now it's around 10k will it go up or down from here.  But over the weekend it should become clearer what is happening.  Or maybe just stable for the whole year at about 10k.  Can't see that being the case though. 

[slaman29]

it seems like we are quite difficult to reach the next number. early preparation take off time was very good. but, the price is now up and down in the $ 10k - $ 11k figure. predicted later this month I think we will not get to the figure $ 15k, do not get $ 15k seems to reach $ 14k we should really work hard hopefully the numbers we expect will come in time.

Nobody ever expected bitcoin to go from $6k to $15k within one month.

Only the irrational bulls would believe that bitcoin can climb from $10k to $15k within a few days. I remember someone's thread that was made about that being a possibility, and someone even saying that it is going to be guaranteed. That's just crazy.

I mean, what do you expect? After a 100% increase in price there will be profit takers that are trying to cash out, and there are going to be shorters that know this happens every time there is a big pump. That's why price is going down right now.

Exactly. Even some of the charts that people tried to show 14 and 15k looked ridiculously lined up. It simply isn't logical to think that this would happen so easily, without any influencing factors coming into play. Of course, any sort of price is possible but it would really take an irrational mindset to think people who bought at the 6k dip wouldn't sell at 11k or 12k. I mean, who doesn't want to double their money in weeks, right? And if it keeps selling off at 11k, you can bet it will keep dipping below 10k.

[Slash61]

the current weird fluctuations that bitcoin has does NOT mean the follow up rise or even fall that some people predict won't happen. it just means that this current period is unpredictable. how long will it last, is something that nobody knows. it may last a couple of more days or a couple of more months and price stays within the same channel then break out and reach $15k or ... prices.

actually what I expect is that the price of this bizarre fluctuation will end soon and the numbers can start its journey back to increase and increase. it is a little bird told me about this figure, that in the year 2018 this will occur strange fluctuations and may run for several weeks ahead.