What is going on in the markets

[peter0425]

I noticed that after the BTC went up in the early of 2018

What?did I missed something?i think in the start of 2018 bitcoin price started to fall as well because the pick of the bitcoin highlight happens before the end of 2017 December

dropped to $3000 at the end of the year i am afraid that may happen this year and price drop to around $3000
According to technical analysis, the price of BTC will sure drop around $7000 soon.
I understand technical analysis may not work well in this market.
Do you agree with this?

Have Care to share what Analytics are you referring?because as what o have seen across the forum is either bitcoin price will fall to $6k or May grow to $20k above in the second quarter of 2020

[DaftAjax]

Due to bitcoin high volatility its almost impossible to predict anything. But i hope that this drop is temporary

It's not temporary if you're actively following the analysis of the price of Bitcoin it's turning out to be "stable" if you will. Not literally of course, but the way I see it, e.g. a $3K then rising up to $5K-$7k is rather "stable". Bitcoin's rising and falling price is rather being a norm.

If I agree with you according to the technical analysis report then the BTC holder will face a great loss. This wouldn't be a good idea to keep much BTC in hand. What do you think?

I'd say keep on holding, you will suffer an even greater loss if you don't keep it in your "capable" hands.