Post
Topic
Board Speculation
Re: Bitcoin Analysis: Are We Going Up Or Down?
by
Johnyz
on 11/01/2019, 22:12:21 UTC
We're neither going up or down, we're just moving between the levels you spoke about. As more people begin to realize and act on those levels the band will become smaller and eventually it will burst one way or another, forcing us either towards 3k or 5k.
There is so much pressure in the marker now as all the people think about the pump of cryptomarket. My analysis is that, we will continue the same trend last year where there’s a lot of pump and dump, but its more on the pump this year as the hype continues to flow with bitcoin. Many waits for the ETF approval and if its already approved, expect more people to invest.