Re: Road to $8k? Bitcoin parabolic curve kinda dangerous

Quote from: misterj on July 02, 2019, 02:47:07 AM

Quote from: cheezcarls on May 12, 2019, 11:25:19 AM

Hey there guys!

If youre into Bitcoin trading, this ones for you. I would like to share my newest blog post about the recent uptrend of Bitcoin, Ethereum and other cryptocurrencies in todays market condition.

Despite that the market is heading north, theres a big catch. I would like to share why the parabolic phase of Bitcoin and others are slightly dangerous despite the uptrend, which we are experiencing it right now.

I hope this info of mine helps you a lot, especially those who have no idea about this yet. Just a heads up only if youre into BTC trading.

Link here: https://steemit.com/bitcoin/@cheezyboy/road-to-usd8k-bitcoin-parabolic-curve-kinda-dangerous

Note: Im not a financial advisor, nor an expert in Bitcoin or crypto trading. Im just stating my opinion on this one. I would welcome all of your feedback or opinion about this one, and I would really appreciate if you guys do.

Well I think that the prediction of your article is wrong. Bitcoin is now ready for the uptrend because the bearish season is almost over. To that point I will also give my advice that you should invest in bitcoin now before the month of December so that you will have a high return of investment.

I also don't agree with prediction fully but it's hard to say that bearish season is over. We had some fast rise which I personally don't like because it usualy doesn't end up good. Still correction was expected and when the price starts to recover there is no guarantee it will not appear again. So, at this moment I don't think the price will go down all the way to 8000$ but some downdall is still possible.