According to Boris Schlossberg, the managing director of FX Strategy at BK Asset Management, the fact that bitcoin had broken above the US$7,000 level was a possible indication that there was still more upside potential.
I agree with him because seeing the stability of bitcoin for the past few days after it broke the margin of 7k. I have a strong belief it can break the 8k margin.
All i see is bitcoin bears fastening their seatbelts for a ride to the moon soon.
I agree with him because seeing the stability of bitcoin for the past few days after it broke the margin of 7k. I have a strong belief it can break the 8k margin.
All i see is bitcoin bears fastening their seatbelts for a ride to the moon soon.
I'm not sure it will happen. this time the market is red even though only a small decline, but this will certainly make predictions become changed. I'm more confident if bitcoin will rise by the end of this year.
I am feeling more positive from here on and may be next week we will the market to be above 8k and should be in green zone now for long time. So overall if you consider the past week it is being a good week and will continue further as well.