t seems to me early to invest, falls are still possible. I'll think about buying when fixed under 4000.
The market calmed down after the Chinese regulations, but that doesn't mean we should expect the market to climb back up all the way to near $5000 levels. Don't forget that as long as we have the hard fork event upcoming in November, there won't be much incentive for another rush to get initiated. I don't see much reason for the market to do anything other than bouncing up and down like we've been experiencing in the last days. I am still not putting aside what Goldman Sach has said; Quote
Jafari predicted, the price could climb to as much as $4,827. But she went on to caution that the market could correct, sending the price tumbling below $3,000.
Peak early this month $4979.9, and bottom nearly one week ago $2972. How shockingly accurate is this prediction!? The point I am mainly focusing on is that after that it was said that the price could fall down all the way to $2200'ish levels - that remains to be seen.Yes, the prediction seems to be on target, but before I was just laughing how Jafari would make such predictions. Because at that time there were no negative news coming from China and I'm thinking what could be the catalyst for this fall. So I just shrug it off. But when I go back and read the prediction, I still don't know if she see's the future of what. LOL. Yup, I hope she is wrong with the $2200 prediction. But it is possible because we have still one week before the exchanges shut down its operation. Let see how it goes.
go mass correction.
