Post
Topic
Board Altcoin Discussion
Re: Should I buy bitcoin now?? Or I'm too late??
by
LUCKMCFLY
on 15/05/2019, 02:18:57 UTC
Crypto market in general is heading to 200 billion USD I think we're getting very close to what we all call a bull run

Although the expectations are very large we can not be in a phase of bullish trend, there are still a lot of bitcoins to learn, if we study the market, there is a large market capitalization, but this does not mean that because there is so much market capitalization we enter into the phase directly, what is happening in the market is a great bitcoin movement in its accumulation phase, which is to accumulate almost 80% of the bitcoins to the Strong Hands or the whales, if this happens if we would be in a bullish trend, but while the millionaire portfolios show a balance of less than 70%, there is still a long way to go, in fact the bitcoin can even reach $ 10k, but it will have strong corrections, this is allowed for being in this phase.

In addition all these bullish movements began to occur just after having hacked a major Exchange, which can hsata assume that they are selling those bitcoins that stole and that is why the price increase in the market that has been seen, of course this is only speculation , because they were around more than 7k of bitcoins, it is for them that we can continue to see it rise, but we are not yet in the bullish trend phase, this I know from the perspective of market analysis based on the logic that was developed in 2017 when the first bitcoin bullish phase began.