Post
Topic
Board Bitcoin Discussion
Re: What will happen to bitcoin in the near future?
by
Bitcoinbitcoin0909
on 13/05/2018, 15:46:31 UTC
Recently, bitcoin has been showing steady growth. He slowly overcame the first resistance line of $ 10,000, now approaching a new line of$12,000.

I see two options for further developments.

1. Bitcoin consolidates above 12000$ a sharp increase in prices that will allow Aldona to begin to move forward.
2. Bitcoin goes for correction to$ 9500 and breaks new heights with new forces.

Here's my technical analysis chart. Who that thinks?
https://www.tradingview.com/x/D9TGyKlY/
We all know how complicated things are with bitcoin right now. Its value has been very low after the sudden dump it has experienced last year, it may be considered as a sign that its close to its end but still we should remember how it managed to keep up and surpass the crisis it has experience many times already before. If we will keep our hopes high in bitcoin, maybe things will get better.