Post
Topic
Board Speculation
Re: Bitcoin is difficult to rise above the price of $ 4000??
by
Red-Apple
on 07/03/2019, 12:24:29 UTC
I see something heavy and maybe difficult, when the price of bitcoin will touch $ 4000, then drop dramatically down. In your opinion, what is happening with the current condition of bitcoin. Is it because of the market that hasn't really recovered? or is there bad news?

The current bitcoin price is 3858 USD.The price didn't dropped "dramatically down".Stop with the exaggerations.The price isn't going up because nobody is buying,there's no hype,no "showball" effect that might cause a bubble.Most of the HODLers are waiting,the whales are waiting as well,no newbies are entering the market.

the high volume is disagreeing with you. if nobody was buying then volume should have dropped down drastically but we can clearly see that it is still pretty high and remaining high which shows that there still is an ongoing accumulation going on which is in other words an area where people are buying bitcoin at a fixed price.