Topic: Bitcoin history repeating itself - page 2. (Read 6991 times)
I think OP is right. Market is so boring right now, a lot of the first time investors are going to lose patience and cash out soon to pay the bills or whatever. We'll then see prices drop as coins saturate the market. Same thing happened last time around. I'm holding fiat, and will wait for a nice drop in the coming weeks.
There is a very good video on youtube, ill try to look it up which gives a perfect explanation for this, it will go up! a so called S curve
The problem with analyzing bitcoin history is it was all driven by mtgox and its bots. Now the movements are much harder to predict.
Or you could simply hold? All that history is truly telling us is that Bitcoin is going up.
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