Ulog #106: Just When I Thought Bull Run is Coming

Two days ago, I saw how Bitcoin surged in price. I saw it at $3,500 level. Steem and SBD had a slight surge as well, while Ethereum and EOS has been doing fairly well. It reached a new peak since the last 10 days yesterday at $3,800 level.

Today, Bitcoin went down a bit, and some cryptocurrencies. I initially thought it's the beginning of bull run, but I was wrong. I actually do not believe in analysis and predictions because they often fail. Those analysts who are providing their predictions failed.

The price went down a bit, but still better than the surge from two days ago.

Steem went down again, but SBD did better as it surged to $0.6 level.

There has been earlier predictions earlier this year that Bitcoin will reach a new peak of $25,000. Then someone predicted a slightly lower $15,000. Few days ago, someone said Bitcoin will reach $2,500. Others are predicting it will start to surge by February. None of earlier predictions didn't happen. That's why I don't really believe in price predictions. All I can do is hope and wait until it will moon.

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