Post
Topic
Board Speculation (Altcoins)
Re: I think the market is becoming bullish..What do you think
by
Ochakemaput
on 03/04/2019, 12:36:30 UTC
It is hard to me, to be bearish after this pump through hard resistances near 4300 USD per BTC. Crypto market is in acummulation phase and distribution starts after around 6k USD per BTC which will be harder resistance than 4300 USD level. I think that we have disbelief rally right now. 400M shorts liquidated.
at least if the market still survives as it is now with a small growth rate of 6 k usd per bitcoin can still be achieved as possible until the end of the third quarter later. it is not just a prediction of thinking if this market has a good movement for sure investment will also enter the crypto market and that will be the reason for the increase.