Post
Topic
Board Trading Discussion
Re: Bearish trend is over
by
denisaardelean
on 24/08/2018, 23:24:40 UTC
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 believe the bear market will continue and will last until the end of 2018, you can see that the market is fluctuating continuously and is still in a bear market in the long term, so to be able to trade Being successful at this point is very difficult. Bitcoin prices will continue to fall sharply in the coming time and will continue to adjust.