Post
Topic
Board Trading Discussion
Re: Bitcoin Weekly Update: Bulls Last Stand
by
jostorres
on 27/11/2019, 19:28:42 UTC
Bitcoin has seen a slow bleed since the massive pump driven by news out of China. $8,300 is the top of the daily mid range and looks to be Bitcoin's last bullish support level after losing the former range high and the 50 day moving average. Full article here:

https://www.cryptoadvocate.net/post/bitcoin-weekly-update-11-17-2019
Well like they say, Bitcoin is unpredictable. Have you checked the price of Bitcoin today? You can't compare that what we had in the last two days or last week. The price of Bitcoin was already down to $6,500 before coming back up to $7000 and today it has reached $7,500. I was already seeing some people predicting that the price will fall back to $4000 but that never happened.

Nobody can ever predict what will be the future of Bitcoin, it's always something else at the end. This is one of the reasons I always hold strong when I invest for the long term, because I know that people will always make the wrong prediction and say things that will never happen.