Re: Altcoins prices are bleeding heavily

Quote from: cvasy on November 20, 2019, 05:43:32 PM

Quote from: Pelunize12 on November 20, 2019, 03:27:03 PM

i think its a altcoin doesnt move up in this time, it is stuck in the range price and cant be up
its cryptocap also cant do nothing, we need more time to get pump

Bitcoin is currently experiencing a significant decline in prices and touched prices below $8200, of course this is further extending the price decline below the average and even testing the support point of $8,000, if you look at the current BTC price movement chart, it can be predicted if the price of BTC will be stable at price range of $8,000- $8,100, moreover we can see the BTC movement chart lately has experienced a lot of crossing down trend lines so, it is very likely that prices will decline again.

And today Bitcoin continues to drop to $7500 and this is something that people cannot predict. Currently, the value of this coin is very volatile and not suitable for investment during this period. I have also analyzed the chart today and it seems that the psychology of investors is starting to be more afraid so it will certainly be a bad time for this market.

I was very lucky to have sold Bitcoin at $10,000 a few weeks ago and am patiently waiting to buy Bitcoin for cheap price. Maybe Bitcoin will return to the $6000 price by the end of this year before another correction.