Post
Topic
Board Trading Discussion
Re: BTC - Once Wall Street Enters You will Wish You Owned More!
by
Omega Weapon
on 12/03/2018, 23:09:13 UTC
the last few weeks the market looks sluggish, hopefully as a sign of preparation for the highest peak, and have an impact on altcoin rise..  Wink
The market is probably going to remain this way for some more weeks or months, I'm bullish for bitcoin in the long term since it will be almost impossible for the price to go down over the long term but in the short term I do not see many signals the price is going to recover that fast after all I do not see many positive news or developments that could push the price up.

I don't feel like the market needs much positive news right now and in fact I think just the fact that bitcoin is still being mentioned in many high level discussions is a positive sign.

Each time that bitcoin has a crash and recovers it will look better as an investment in peoples eyes as they'll trust more in the fact that it's not just a bubble.

I believe that if we have no negative news for a few months we will recover towards 20k without any real good news. 'No news is good news'
I do not see any kind of big recovery and this has been mostly because we have seen a significant amount of bad news that have affected the price negatively so while bitcoin is very strong at the same time it needs the support of the public not necessarily the media which is against it because as we know they are paid by the government to spread lies about it but it needs to support of the people of all of us and that support comes with good news.