Post
Topic
Board Speculation
Re: Bearish again? (Back at $5500)
by
inneveca
on 21/08/2018, 11:13:52 UTC
I believe we already touched the bottom of this bear market, there is too much support around the $6k levels for it too reach a new low for the year.  There is still a lot of negativity lingering because of the dip from the $20k peak.  I do believe the next bull run will start very soon and there is no reason we can't reach a new all time high by the end of this year.
Yes that is a fact that we have already touched the bottom, but people still reluctant to do investment in bitcoin because of the negative news that are wondering in the market. Hope very soon people will overcome their fear and will start investment in bitcoin which is surely give a good boost to bitcoin price.