Post
Topic
Board Trading Discussion
Re: Why Bitcoin won't grow fast as it was in 2017
by
avarnet
on 11/11/2018, 06:24:18 UTC
In this year Bitcoin and others crypto does not growth because all crypto already overbought and crypto turned in to down trend. This is just cycle of bullish to bearish, crypto will never going up forever without going down, but after long bearish the market will has potential to change to bullish. Only trader that always patient waiting for that will make alot of profit.
its common happen to all market and not only on cryptocurrency market.if there are negative issue and sentiment come, there are massive selling happened.
because that caused huge sales with negative news regarding bitcoin and the crypto market as well, so with so many people selling bitcoin and their altcoins it would be faster for the market to decline and it would be very difficult to increase