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Board Marketplace
Re: market now
by
goodfortune2018
on 21/05/2018, 13:11:36 UTC
The market is constantly fluctuating. What is your opinion?

Correct, the market is like this is the last couple of days, it will go as high as $11700 then there's a "mini dump" and the price retrace and go back to $10300 once again. So it only means that there are day traders taking advantage of the situation. But I wouldn't worry that much, its seems though that there is a strong resistance at $10,000. Right now we are testing $11,000 once more, a good sign that more investors are getting in the picture slowly. If you are a long term holder, this kind of fluctuations is just normal for them and nothing to give them headaches. And you also have to understand that the market is very unstable, its one of its characteristics and we have to accept it.

It's really hard to predict the future of crypto market today from last month bitcoin market is very positive as it increases by more than $1500 but for now bitcoin is now decreasing by more than $1000, from the market price of $9700 to $8300.