Post
Topic
Board Speculation
Re: bitcoin down trend to 3000
by
AK47-
on 08/04/2018, 18:37:26 UTC
bitcoin down trend to 3000

the down trend will confirmed under 5800$


Shorts are again getting build and thus, price will suffer another round of dump. But as I was reading analysis by crypto expert, the support level of $5800-$6100 is quite tough to break. This is the major and the strongest lower support which is unlikely to be broken anytime soon unless there is some really bad news capable to bringing in huge FUD.  Right now the big holders are controlling the market and they won't be able to break the $5800 support level. Thus, there is nothing to worry as for now.