Post
Topic
Board Trading Discussion
Re: BTC analysis Some opinions please!
by
Ctn
on 02/07/2018, 13:10:06 UTC
With the charts are looking bearish, an analyst says there is no evidence that Bitcoin would experience another rally. However, from the longer-term perspective, is there a positive signal?

https://atozmarkets.com/news/2-july-bitcoin-price-technical-forecast-is-there-a-positive-signal

What analyst says is not always true fact in the crypto space. Things are prone to change here lot of times. There is always unexcited stuff happening round here both positive ways and negative ways! So be relaxed about the current bearish trend which shall be over with the current month or by the end of Q3. Why? Because this is the time when most of the investors start rushing into the bitcoin so that they can prepare themselves for the December hikes which is surely there due to condensation. Sometimes you have to rely on fundamentals rather than technical analysis and get your answers.