Post
Topic
Board Trading Discussion
Re: #BTC Update
by
ladydark
on 04/03/2018, 23:13:20 UTC
#BTC Update

Well it's a good News that #BTC staying above the Resistance Line and Looks like it's on the Bullz
It needs to Stay Above 11.5K Area then we can see BTC Heading towards 11.9K to 12K Zone..
No need to worry about ALTS at the Moment b'coz Alts Session Started as we Said
ALTS and BTC Both Going Up

Thank you for the heads up and everyone can see what is currently going on but what's more important than rejoicing over this is the sustainability of the price to maintain an upward trend without which all of the recovery can be wiped out overnight that would take more time to recover. For Alts, the time the recovery is not commensurate with the increase in bitcoin for the popular ones though while the ones growing are witnessing some rapid changes.
That's really a positive sign we could see after sometime.I think that bitcoin price has got stable in the range of $11,000 and we could now even consider it as its base level.Now once again,we could see people shifting from altcoins to Bitcoin to enjoy the ride.It would make the bitcoin price increase more.Also with transaction fee getting lower,chances for bitcoin to get accepted as a payment option in big companies has also increased which would contribute more towards increase in bitcoin price.