Post
Topic
Board Bitcoin Discussion
Re: March - bullish month?
by
Sanugarid
on 18/03/2018, 02:29:26 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.
I think reality went the opposite of the positive predictions about its market value. The market price of Bitcoin is vontinuously falling at this moment. It is indeed unfortunate but the fact that we can't do something about it since volatility is a natural phenomenon, just hold. Bitcoin's market price moves alot currently. I am still expecting that the market price of Bitcoin will increase this year and probably it will happen on the last quarter of this year. So just be patient and for positive things to come for Bitcoin.