Post
Topic
Board Bitcoin Discussion
Re: March - bullish month?
by
FrueGreads
on 07/03/2018, 22:40:00 UTC
What do you expect - will cryptomarket be bullish in March?

I guess that this bearish trend since mid January should be finally over and the new slow bullish trend will come. Similar to the situation in May 2017 when BTC price was 1500 USD and then the price went slowly up to 7000 USD in the beginning of November. We can see many new people coming to crypto every day. The volumes on major exchanges are quite good these days and with the Lightning Network coming this year I'm very positive about BTC development in 2018.

Although we just had a bad day because of binance fud I still think March could be a turn over month for bitcoin, and the resume of a bull trend. I don't expect it to be exuberant, but I do think we will start seeing a small growth in bitcoin. From what we have seen in the past weeks, is that BTC is in equilibrium pattern but slightly increasing, and it should remain that way as long as there are no negative news.