Quote from: LuffyD.Monkey on May 18, 2018, 09:50:09 AM

Quote from: Virtual miner on May 14, 2018, 09:36:44 AM

I don't call myself an expert but I think I can read charts a bit accurately and what I have found is that the uptrend is still not confirmed. We might have broken the previous lower high but still bears are in the control of the market. We might see a couple of 7k before we bounce back above 10k. Moreover whales still control the market so any whale can dump his holding and we can see a market crash. Even the MT GOX fever is not over until now so I think we have to wait for sometime before market recovers.

Bitcoin market is recovering and the price sometimes gets stable and sometimes follows trends. The price last month was 7k dollar and in the start of this month the price increased up to 8k dollar. Few days ago I noticed the market price as 9k dollar but this was a stable price and the price moved around 9k dollar for some time but could not go high as much above from 9k dollar.

Let's just hope that it will continue to increase because we see its price that it is being stable at $8k. Well, this quite a good achievement of its value and hopefully by the end of this quarter it will continue to increase.