I'm in some telegram crypto chats and a lot of people still think we will get another strong pullback under six thousand again. I'm not sure if they are just trying to spreed fud to buy in cheaper but I have a feeling that price won't be seen again.
in my opinion it's just bullshit or just to scare someone. we can see for ourselves that lately the market has gone green and a lot of changes. if it's a matter of price, I will be more confident in the market compared to someone's prediction.
We are just seeing the same market here but our prediction could be different because we have different analysis.
Some would say that there is a pull back and they have their basis on that as last year, we've seen lots of pull back, they only based on history on predicting the price movement, so, to make it easy for us, we have to be confident on what we believe.
I see that a lot of people will easily advise someone in problem to move on in life and forget the past, but yet, in this crypto market, they always refer to pat as if it is a must for it control the present, the past has already gone, whatever affected the market in the past might still be here, but that doesn’t mean they will follow the past history to make the present events happen.
Currently, the market has new factors that has been introduced this year that were never there last year, and this factors will work based on their capacity now. We might have had lots of pull backs in the past as a result of those factors then, but this new factors may or may not create such event again, so we just have to make very good use of our present analysis to determine the direction of the market, rather than speculating based on history.