Where will they takes us!
4400 for Bitcoin is my guess!
The bear are actually having a nice drive and I think bitcoin may go down more in few days to come. However if you are a long-term investor, now provide the best time for you to invest in cryptocurrencies as the rates bitcoin fall will be the same rate it will go up and makes the investors rich.
It could be, but I don't think that they have enough time to do that.
Soon we will see new bullish run!
Many Investors has bought bitcoin at a very high rate and many of them are at loos now. Therefore, it will be very difficult for the bears to make more damages in days to come as there will be limited selling order from investors and only the traders will be trading bitcoin and others cryptocurrencies because of little profits.
the situation on the market is really difficult for investors, I'm afraid that such a price will be until the end of 2018.
FUD creators are really having impact on this market and that is why we keep seeing bitcoin going down if not there is no need for the current price falling. We have many bad fundamentals issues last year but from January bitcoin was more of the uptrend than the downtrend. Reducing thread that create panic is going to help this market!