what you think?
Bitcoin could be in a trading range of $3000 to $4000 or possibly something like $3500 to $4500 but it's hard to predict. I think we are in some range where the price is going to fluctuate for a while until all of the weak traders and investors are shaken out. There is also the negative news from China that leaves people unsure of what to expect going forward.
The bottom line is that it may take several months before Bitcoin begins another steady and sustained increase. It may not get back to $5000 for six months to a year. We just don't know how everything will play out yet. I'm just going to HODL and ride it out for the long term.