Quote from: LeGaulois on November 05, 2019, 01:30:27 PM

There are many people who see positive signals, whether with charts or their personal opinion. But there are still some negative signals that may suggest that another drop is still possible (in the $1000 range). And people avoid considering this. It's more likely that we'll see a good climb than a drop, but there are still some clouds around, and I wouldn't say BTC is in a "safe zone".

The BTC halving argument is one I stop to read about. The Halving will matter to me after May next year, not before.

The signal reading these days cant be rely on because the crypto market drift price simultaneously cause is yet to be in the safe zone as you said but it history replicating itself.

Quote from: LeGaulois on November 05, 2019, 01:30:27 PM

Quote from: blckhawk on November 05, 2019, 12:30:11 AM

It's most likely. Some factors include the following:
1. China's president Xi Jinping announcement of support to blockchain technologies.

When they mention "Blockchain technologies" they're not talking about cryptocurrencies. They referer to private blockchains, startups, etc. Cheesy

That's correct and I'm surprised most people believe the Chinese government statement was the reason for the recent surge in price of the crypto market while they still detest bitcoin.