Post
Topic
Board Speculation
Re: RECENT BITCOIN BULL RUN GOOD BAD OR UGLY
by
Ridwan Fauzi
on 24/07/2018, 13:54:47 UTC
Well as everyone can see btc has made somewhat of a recovery in the last couple days i was interested in some opinions  if people really think this is the run that will take us to a new high or will it be short lived and will we see a even lower low in the coming weeks,   please feel free to to give your opinions.

This is good but this is not enough in which this is not what we are looking for because the increase movement is so slow compared to the last year performance. If Bitcoin price will reach $10,000 then that will be the time that i could say finally that the bull run is really happening but for now i just considered this as normal market movement in which it might fall anytime.

The move from $6300 to $6700 was slow. But since it broke $7000, it's been rocketing. It's now at $8100 and I think it has further to go (there are still a lot of shorts still open and they're going to have to buy and close soon if they don't want their losses to increase, and the closing of the shorts will rocket bitcoin up further).
A good disseminator of information about bitcoin has arrived, and we can see it in several media. I guess this is the impact of that information, especially on ETF information that gives a big rise from $ 7400- $ 8100, most likely this trend will continue and we can see $ 9000 by the end of the month.