Post
Topic
Board Speculation
Re: What will the Crypto market be next week?
by
magneto
on 18/04/2018, 23:04:05 UTC
It is difficult to make accurate predictions at a time like this. Just when you think the market is recovering, it could fall dramatically as there are no signs of a permanent recovery. Nothing is certain now.

But even if this uptrend is only temporary for a few days, a lot has started trading and the market is warming up again. And for those are still holding coin and wait for an official uptrend, the dawn will come.

Markets are warming up for sure. BTC went up from $6800 or so, where it stabilized, to $8000 where it is resting at right now. We're building strong support at the $8000 level, which could mean that BTC will make a push up to the $9k ranges before adjustments.

I do think that this is going to be temporary, instead of a sustained bull market. It's going to be a short term rally, that probably won't reverse the trend of the market from bearish to bullish yet.

But long term holders have really got nothing to worry about. A bull market will emerge sooner or later, and when this bear market is over and after we consolidate at a lower level, I expect a strong recovery of BTC in 2019.