Quote from: ajaymukund on April 10, 2019, 11:16:20 AM

Quote from: Tunanetral on April 07, 2019, 03:26:20 PM

One potential worrying factor for the sustainability of this impressive bitcoin rally is the fact that the weekly Stochastic Relative Strength Index (Stochastic RSI) refuses to go down from a very overbought level. Instead, it only moves sideways while still maxed out

Yes. everything always takes time and we should not rush to invest when the market becomes abnormal. When we do not understand the market, we will have to pay for blind investment.
I believe that the growth of this market is not sustainable. It will soon slip out in the middle of Q2.

It all depends on what everyone sees as abnormal in the market, when we were in Bear market, some of us saw it as abnormal instead of seeing it as blessing in disguise that is given opportunity to more people to invest so they can take profit when it becomes high, and when BTC became high again, some of us still saw it as abnormal and linking the price movement to that of whales work.

I agree with you that it is necessary to fully understand a particular time of the market before dabbling into it, which is more reason why we have to pay close attention to our technical and fundamental analysis to direct us.