Post
Topic
Board Speculation
Re: Bitcoin Gradually Increased in Price in September, Case for a Bull Run in 2018
by
BitcoinHodler
on 07/10/2018, 08:17:51 UTC
Instead of looking at the news, look at the charts. September started with a big dump (Sep 5) from some 7400 to some 6300. Since then the market tried some sort of ultra slow recovery, but we are far from anything significant.
An average "rise" from 6300 to 6500 (6600?) in a month, after such a drop, is not really a joy and it's certainly far from calling it a bull run.

the important thing to look at is the size of the rise not the numbers. of course when you say rise to six thousand and six hundred dollars it seems like a huge number and a huge rise but if you look at the size of it you can see that it was a tiny 4-5% rise.