Post
Topic
Board Speculation
Re: BULL VS BEAR
by
target
on 03/11/2019, 13:57:28 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.

I think right now is the accumulation phase in crypto. The price is doing sideways while the price of altcoins are somehow increasing gradually. There isn't really much going if the whales are really manipulating the prices except them buying some altcoins which is why the prices aren't at all moving up. I say we are in the bullish and a break out soon will prove this statement.