Post
Topic
Board Trading Discussion
Re: Bitcoin now below 8000 time to buy now
by
AlutBitcoin
on 27/10/2018, 11:48:59 UTC
Bitcoin is very low today even 7700 buck...do you think is good time to buy now or will more lower and crash to 3000 buck...very difficult to predict...what do you think... Who t f is selling on this price.....?....
With a lot of observations about the fluctuation of bitcoin in the past. I do not think the market will decline further. The resistance level at 6k-6k3 is very strong. Many times the bitcoin has leaped back at this threshold. In addition, bitcoin oscillates around 6k5, the price needed to break is 6k8. If we pass we will see a longer stretch with different types of holdings. it will come back. So dt dip in btc, the outbreak at the end of the year is the November period is the positive direction at this stage.
I also have the same expectation from the market, I think that the market is currently trading too much stable and therefore I personally do not think that the market can decrease any more. I hope that the bullish run is going to start and we will hopefully see a good increasing in bitcoin price.