Since bitcoin and the cryptocurrencies markets get into bearish trend since December 16, 2017 we have seeing alot of comments and post about people and traders asking were is the bottom and should we buy and hold? I think personally, the downward trend is over when bitcoin push above $10,250 and $10,850 this morning! The bullish trend has been trigger and bitcoin is going to break the December high of $19,000 and move above that level towards $25,000 before we can see another major bearish again. What did you think?
I can only follow the direction of the waves released by whales, I also still newbie a bit panicked because the value is going down very deep, but when I see the price of bitcoin in the year 20013 until 2015 bitcoin prices are very low and when compared with the price of bitcoin is still high currently. so I just think positive while following the waves to generate some small profits both trading and investing.