Post
Topic
Board Speculation
Re: Good sign for market
by
atjiat
on 27/01/2020, 16:53:08 UTC
It is very interesting to try to tell what it is going to happen in the market from now on, today we are seeing an important recovery and that is always something good but we still need to break away from the 9000 level that stopped bitcoin some days ago.

If we cannot do that each attempt at making it so that fails only weakens the position of all of those that believe this is the beginning of a new bull market, as such the next days are very important to try to tell the direction that bitcoin will take and whether or not a positive trend will emerge from this.
Perhaps in this situation, the problem in the cryptocurrency market can be solved only by reducing the supply of Bitcoin, because only a deficit of cryptocurrency can raise the price quite actively.  But only large Whales and speculators own such levers of control of the cryptocurrency market, but such a development of events is apparently not profitable for them.