Quote from: Fundamentals Of on March 22, 2018, 09:51:17 AM

Quote from: Vyacheslav7755 on March 22, 2018, 07:39:36 AM

We are close to death cross now and if we don't bounce to 10k quickly we take this cross. Let's discuss how it can impact on bitcoin price. My forecast if we take it, we get bitcoin fall down to 3k at least within one big red candle. Any other opinion?

My opinion is that you are talking nonsense. While you are saying that Bitcoin will fall down into at least $3,000, I am seeing a different candle. I am seeing an opposite candle that might go as high as $12,000 soon. That $10,000 bounce back is very low. As a matter of fact, we have just seen very recently a recovery of Bitcoin up to $9,000 with just a single announcement coming from the G20 that there is no need to put a strict regulation to it since it is not really a force to be reckoned with in terms of world's finances. There is much more growth to come for sure.

Volumes were not high after this news, so it's not a confirmation for further growing yet.