Post
Topic
Board Trading Discussion
Re: Bitcoin Holds Above $6k
by
geopolisch
on 17/08/2018, 05:52:38 UTC
According to the idea, bitcoin should now linger at this point and soon give growth but the bears are very densely sat on the market and Yes this moment is not predictable what will happen.
I agree with what you are saying. At present it is difficult to predict the market trend. So I think we should watch the volatility of the market and then invest in is not late.
Exactly there is an unpredictable air in the crypto world right now and it is tough to predict Bitcoin now. Bitcoin was expected to rise and we have been seeing fluctuation and down trend in the price lately. Fall below the $6000 is a worrying situation.

But irrespective of the falls and instability in the market, investment in Bitcoin is going to pay off in the future because a fall in the market value of an asset does not mean the market failure of that asset. These are the market phases and the market ultimately reaches its equilibrium.