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RE: The Bitcoin Bounce - Up, Down and Back Up It Goes [Bitcoin][Crytpocurrency]

in #bitcoin7 years ago

in Mid November. Bitcoin proceed to climb to $8200/$8300 and held there for about a week before launching into historic prices of near $20,000 per Bitcoin.

That’s interesting point!
I think we are at the bottoming process right now. It may take longer or it could as well be very soon for bitcoin to start new bull market again. I see it as sideways movement. It’s great time to be acumulating, especially at $6k level. However, when we actually are at $6k level, most people feel it eventually breaks and they don’t buy. $6k level actually helped me to buy other ALTs such as EOS, LTC... So far it worked, but it doesn’t mean we won’t go any lower. Well... I hope for the best and am prepared for the worst.