Post
Topic
Board Speculation
Re: Are we finally in BULL MARKET?
by
pooya87
on 03/03/2019, 04:20:36 UTC
the problem is :
right Now no buyers no new investors who entering to crypto market.
now just the same old buyers and sellers.

its Not Bull market yet. 

Second problem:  No fiat to enter...  2017 was a boom in Economy so Everybody Got a lot money to invest in to btc.

To make good bull we need to dump a lot Fiat currency into crypto market.
Where we will Take that much Fiat?
It is not so much the FIAT, what is needed is that the bitcoin rise to new prices, if it rises from 4k to 5k, the Strong Hands, have to look for those levels with the intention of testing the offer, it can immediately generate a correction to take profits selling and can fall much lower than right now, the important thing is that since the levels of 3k were not found with sales, that is the reason that they must raise the price so that they continue to accumulate bitcoins.

when the rise starts there will be an inflow of money to the market which would easily absorb any sells, just like any other previous times that we had the same trend. initially price hits the bottom and becomes stable for a while where everyone accumulates. then we see these small rises towards the resistances ($4.1k in this case) and then it eventually breaks and by that time no matter how much people sell, it won't slow down.