Post
Topic
Board Bitcoin Discussion
Re: Bitcoin holding will be worth this year or in the long run?
by
ReiMomo
on 13/10/2019, 06:10:13 UTC
I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges. I wonder  if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?
I do not follow the rumors, I only focusing in price action. The bitcoin is stil in the bear market and it will take more months before it will go to sideways. Always remember that we should only buy bitcoin if there is a confirmation of market reversal where the bearish market will be a bull market.
Well since we all know that the price of bitcoin this time is not so high but we are still hoping that it will rise up again until the end of this year. But it won't then we might wait patiently for its value to increase. By the way, bitcoin investment is good for the long term. I believed that there is ATH coming and suppose to be there is a next halving happen, so it worth it to wait for the long term.