Post
Topic
Board Economics
Re: Current Market state
by
Finestream
on 16/05/2019, 21:30:36 UTC
Market still bullish, but now is consolidating between 5900-6200. If Btc broke 6200 resistance June can hit 7000

June? It is not even halfway through to May and Bitcoin is already broken 7000 right now trading at 7400. What does this teach us all? There is no consolidation point for Bitcoin,,, there is no TA that can work well except for in the present. There is no resistance and no support,,, there is just bull or bear, and the news and developments do not seem to do anything much at all for BTC.
Yes now market is making progress for us we should have faith that price is increasing so soon it will be good time in our investment, we are gonna have profit, 7k is good price for those who invested 4k in 2018 so surely it is bull now not bearish, I am hopeful about my investment that market will be good very soon we only need to have patience.

Right.Being patient will really help us in making our investments more profitable in the coming days and months.We can still make more profits if we keep holding our coins until we see a very good price to sell and make huge profits just like what happened in 2017.Today's market state is very positive and so we should remain be hopeful for a more positive increase in the future.