Post
Topic
Board Bitcoin Discussion
Re: The change in the trend of bitcoin.
by
darkangel11
on 13/09/2018, 18:39:15 UTC
Dear friend! in your opinion, at what level will bitcoin change from a bearish trend to a bullish one? I think 8000 and you?

I think it will be better than that, 10k - 12k will probably be achieved by bitcoin by the end of this year, bitcoin will really surge again.

Not really. 10k Used to be the point 2 months back, because the moving average was at that level. Now it's at 7500 and still going down. We've managed to break to 8k that would be a clear indicator of a reversal. We don't have much more before the lower support line and the MA touch and will force a move. I'd rather expoect a bearish move if we don't break out earlier.