Do you think bitcoin will continue to fall to prices below $ 3000? I saw the market conidisi kept red, without green. At the beginning of 2019, there seems to be no sign of a change in a better direction. What do you think about this? Please give opinions that are simple but easy to understand. Thank you!
It is still very possible that bitcoin can fall below $3000 this year and the current price is not the bottom. The bottom is still very far from the current level as the 200ma on monthly chart has not been touched. If you desire to buy at the bottom then you have to hold as from next month we can start to see the direction of the market. January has been an uncertainty time in the cryptocurrency market and we have to wait for February and March to be able to see new direction.