$6,000 will Hold Bitcoin Bears

[alice.yao]

Bitcoin was one of the top 10 best performing cryptocurrencies in the global market. But 2018 has altogether been quite different. Investors who purchased the highs have already left the market with heavy losses, while the patience is wearing thin of those with bullish perspectives. Regulatory delays, low adoption rate, and the arrival of technologically advanced, competitive assets have further contributed to the negative trend of BTC throughout the year.

Despite challenges, crypto enthusiasts believe BTC has found its bottom near $6,000. The price has reversed from its downtrend upon testing the said level on a couple of occasions this year. In the medium-term, however, BTC uptrend is still capped by a significant descending trendline, which is making the digital currency rangebound for some time.

[alice.yao]

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[alice.yao]

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[waitingforday]

I think BTC will go down to 3.5k, but then go up to new records
Just like it happens before

[tabaluga]

I think Bitcoin is getting on its feet. From now on, it will only grow.

[post.mor]

I think Bitcoin is getting on its feet. From now on, it will only grow.

i think the same. it just took a break

[alice.yao]

FMZ Quant: I am not sure now.

[mariadifreschetti]

What the price of Bitcoin will be in December 2018?

[bitmaker]

I think Bitcoin is getting on its feet. From now on, it will only grow.

agree