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?
It is so sad to read such optimistic forecasts made in early 2018. I think the bitcoin level will remain constant for more than one month,this level is 6000-7000 dollars. I hope that the growth of bitcoin and altcoins will begin not earlier than November,maybe at the end of October. At the end of the year we should see a price of at least $ 20,000