Post
Topic
Board Trading Discussion
Re: Right now should I wait to buy ?
by
bennie4
on 10/08/2018, 14:36:30 UTC
Reading this source, I understand that prices are likely to go below 8k. Do you agree with those analysis?


 https://www.coindesk.com/bear-revival-bitcoin-risks-fall-below-8k-after-3-5-week-low/amp/
You can see that bitcoin is moving sideways during the days and is heading around the $ 6200 -600 range, I think for a market that is in a bear market in the long run, the bitcoin price is going down. At any given time, I think you should be patient enough to wait for bitcoin to fall to $ 5800 to start buying because this is a very strong support level that will make bitcoin recover slightly.