Post
Topic
Board Speculation
Re: are we out of the bear market?
by
Kyraishi
on 07/09/2017, 07:08:30 UTC
so are we?? I feel uneasy making any trades atm... what you guys think?

Out of the current one, yes.

Currently we are in a nice up trend, which i think will potentially be able to finally take us over $5000. I'm not sure how strong the resistance is going to be though, so we really don't know how long we are able to stay up there for.

We could see another bear trend once we hit the all time high and a correction comes because of profit takers and panic sellers, and that could potentially pop the bubble in my opinion. Be rational when trading and just remember that the price is quite high right now, may not be the best time to get in.