Post
Topic
Board Trading Discussion
Re: Is the bear market over? Important Weekly close!
by
Cosbycoin
on 08/05/2019, 06:16:51 UTC
Last few weeks have been quite bullish for BTC.
As of 6 April BTC had a Weekly close above 50 MA, which is a very significant level for BTC.



As seen in history in the last bear market once BTC has gained 50 W MA the bull run has started. Should the history repeat itself?!

[im g]https://i.imgur.com/qSWjqYs.png[/img]
History might revive. There are chances that bitcoins will enter the bull markets soon and we can expect all of the markets to show us some growth. Last time, before the bull markets arrive, there was similar situation as there is now about the markets and it really made me think about the same.

There are few more things which are matching the last time before bull market situations so we can expect something big coming towards us now. Now most of the peoples have believed that the bear markets are over and now is the time to enter the bull run so many peoples have started buying bitcoins as of now. Lets hope everything turns long lasting this time.