Post
Topic
Board Economics
Re: The bulls are back, bitcoin on the way to $5k
by
arpon11
on 09/04/2019, 20:04:26 UTC
Its too early to say that it's a bull run, instead of exaggerating the situation better to focus on the price movement of bitcoin. We still need to have more good price movement before we finally say its a bull run. I'm not watching live but I'm more focus on today's trend whether it will continue to grow or we will see a short dump. We've been waiting for this up trend, let's be optimist for the price.
Maybe we would be left out by keep on believing that the bearish market is not over!  Bitcoin has add around $1500 and some coins has made profits of over 50% in just few days and the longest channels that hold bitcoin down for almost four months has been broken and we are still saying that it is too early to think that the bull is here.
The bearish trend is over and bullish trend has commenced since February and it is good for us to know that the sideways trend that do happen at the end of every trend is also over and from now till December we may be experiencing bullish market.