Post
Topic
Board Economics
Re: Current Market state
by
virasog
on 12/05/2019, 05:41:56 UTC
Market still bullish, but now is consolidating between 5900-6200. If Btc broke 6200 resistance June can hit 7000

We do not have to wait for June. Bitcoin has already passed 7000$ in May. But i think all this big bitcoin movement is result of some manipulation by the whales. USD Tehther issue at bitfinex and Binance withdrawal disable can be considered as two major factor why the bitcoin prices are rising too high. I also have a feeling that once the binance will open withdrawal, the bitcoin might dump hard.