Post
Topic
Board Economics
Re: Is NOW the best time to buy or enter in bitcoin?
by
coolstory
on 26/05/2018, 13:01:04 UTC
The price of Bitcoin rebounded from strong support at $ 7250. I think if the price reaches 9100 and consolidates above it, then a new growth to 11500 will start from these levels. If the price breaks the last local minimum, it can reach 6800. Also in my opinion bitcoin will not update records of maximum price till the end of this year.

Upper prices are not coming because they make pressure on traders and threatening traders for a possible bear market. Then people who fears this, can't buy bitcoins and open long positions in margin trades.