Post
Topic
Board Speculation
Re: how long the bearish trend will last
by
angaper
on 27/05/2018, 15:51:23 UTC
how long  btc will keep bleeding ?  and  is it to late to sell ?  are we in the bottom of the dip ?

thank u

The market has fallen so much in the last quarter, that it is evident that the potential for falling has drastically decreased since its current value is only 35% of its ATH. Therefore at this time it could be expected that bears begin to lose strength because at these low prices the desire to sell is discouraged.

In a consolidated market, it would be expected that before resuming an upward trend the price will keep oscillating in narrow ranges for a prolonged time, and this may be the probable scenario of bitcoin for the coming months.