hi #steemians just felt i should pen something down on this new rave in the cryptospace right now.........bitcoin the father of all cryptocurrencies has been through a lot lately, i remember vividly this time last year 1btc was trading for about $650 and then speculations came that before 2017 runs out bitcoin price would soar far above the $10,000 mark. it all seemed gibberish back then and like a whole big joke, but alas we all know what happened don't we? Bitcoin practically blew past the $10,000 mark and even threatened to blow past the $20,000 mark......but what happened it met so much resistance at that point and the only natural thing to happen afterwards is what we experiencing right now "A GREAT DIP"........but please don't be fooled oooohhhhhhh the dip is only a retracement and a build up of new momentum to newer highs to be attained much later this year. My thoughts are that bitcoin price would definitely crack the $30,000 mark barrier this year and remain at that value for a pretty long while so to those of you panicking and selling off your coins right now.........what a shame cos am laughing hard at you all because when the retracement starts and its gonna start real soon the momentum is gonna be so strong that you would literally find it hard to get in at that point.
MY ADVICE IS THIS.........WHEN YOU SEE A GREAT DIP AS THIS DO NOT PANIC AND SELL OFF HOLD YOUR COINS AND INSTEAD BUY MORE COINS AT THE NEW LOW PRICE
Have a great weekend people