after the bitcoin price drops to $ 10000, yesterday the bitcoin price rose by 8.5%, and I expect the bitcoin price will not fall again, and will slide to $ 20,000, and I think when the natural correction ends.
But today I see bitcoin down again, why this can happen? is it a bubble? how to make the hype to be stable and go back up?
Almost all the traders are getting failure in their predictions time to time because market fluctuations are highly undefinable to understand them. So, I like to suggest you to stop worrying and focus on strong technical analysis so that you can predict next time more accurately. If you notice, almost all the traders are trading based on average. We cannot buy or sell at the exact reverse points. It means that all traders are facing this kind of problems.
If you do not want to miss any buying opportunity then you should buy in average. Similarly you can sell in average. If you want to make money with the every swing then you will face disappointments more frequently. Because no one can predict accurately to buy/sell at exact bottom or top.