Post
Topic
Board Speculation (Altcoins)
Re: bitcoin $15000
by
starblocks
on 20/10/2018, 09:35:28 UTC
At the moment, the price descent has fully played the bearish potential of the figure. In fact, we have now descended to the upper limit of global accumulation. What's next? Most likely the price can go down a little more, bounce and then go to the side. It is likely that on the weekend we will observe a sluggish lateral movement. Starting next week, we are opening up the horizons for a new round of growth. And globally, we next focused only on growth, albeit monotonous and slow, but growing. Goals - first $7.400, and then to $8.200.

That's quite an optimistic outlook for the market at present

It would be a good sign of further improvements if Bitcoin did break out of the current range although there could be a bit of a way to go before that is likely to occur