Post
Topic
Board Speculation
Re: BULL VS BEAR
by
Ryker1
on 03/11/2019, 13:32:19 UTC
Well we went bullish last week or so, pushing the price of bitcoin to $10k some exchange. But the problem is that it was not sustainable and majority thinks that there could be some whales manipulating the price.

So currently, I would say that we are still in the bearish trend, not unless bitcoin broke that $10k, maintain its position and not being rejected again. So let's see how it goes, the uncertainty of the market is really hard to predict.
Well, I believed this also. I read recently that there are many predictions saying that Bitcoin will touch on $16k range by next week or by next month, the last quarter of the year. I believed that this is the start of bullish trend and we are excited about the next halving to come by next year and probably this promising event will give to us a good price in bitcoin in the market. Indeed, it is early to confirm and since the market is unpredictable, let us patiently wait for what will happen as long as we are in a healthy market condition.