Post
Topic
Board Speculation
Re: Crypto Market Records Decent Gains But Bitcoin Has to Rise Above $4,500
by
sana54210
on 07/01/2019, 06:23:17 UTC
it's better to just wait right now, but I would also advise not to short take positions, unless you know what you are doing. Quite stable around the $3800-$4000 barrier, although still bearish we might see the price attempted to breach that $4200 and hope that it will be a successful run this time.
This will be the second attempt to break and hold $4200 levels after hitting the bottom around $3200 levels. So I'm not expecting another bearish movement until testing the next resistant levels which will be around $5100. I believe this is the right time to get into bitcoin so that in short-term be may see some good profits along with this rally.

Basically I never bother any media and their positive nor negative crypto related news. Yes, no media is right even with stocks and forex markets then how we can expect them to be accurate with this completely new market (I agree the fundamentals of all the markets of same but cryptomarket has a hidden fact that must be it is the always bullish in long term whereas most other markets are not).