At this point when your examination of the market cap the charts the pattern is extremely bearish, and I don't see it going the contrary way. This condition is extremely dangerous to every one of the clients of the digital currency. We can just do is wait for the value of our venture increment. No one knows when this will go to closes. For whatever length of time that the awful news, we have it too difficult to move the incentive up.
The market is showing signs of recovery quite positive and I believe the whale does not want all investors out of the cryptocurrency market right now. According to the market volatility, the fourth quarter of the year will be the time of strong market growth and I am waiting for the recovery of this year.
It is just a matter of time before the market will eventually rise up again just like on what's happening last year. Probably, Bitcoin will rise again this year and it might occur during the last month of the year.
Bitcoin is showing some positive recovery despite of its decline in the market last month, so to those long-term trader who have holding their token for a long time and is waiting for the right time to sell.
As of now there is still a good opportunity to gain some profit if you do trade with margins in the market.
Price was 6.3k dollar and then increased to 6.6k dollar but the price today has decreased to 6.3k dollar again and has chances to go down. These downfalls have badly affected users and this took a long time and now users are worrying about their investments.
The graph line sometimes increase and sometimes decrease and we see these fluctuations under market price 10k dollar but we still hope as market can never be permanent and can go high any time.