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 do not think the downside of the Crypto market is over. It will last until the end of 2018 and this will be very difficult for new traders. Because 2017 has been a successful year for Crypto and now it takes a long time to adapt to that great success.