Post
Topic
Board Speculation
Re: Should I sell bitcoin now?
by
South Park
on 21/04/2020, 19:09:29 UTC

from the results of my latest analysis, it looks like Bitcoin will start a new bullish path, and $ 3,000 for now doesn't seem to be seen anymore,
Halving is near, the bull is coming you should note this, some people also say the bull is coming, and if you Hold Bitcoin in price now is not bad,
$ 8,000 is resistance, hope you can get there

$8,000 resistance seems so hard to break as well. Many people say the bull is about to come, but It doesn't seem like the price is going that way, and falling below $5,000 doesn't seem its going to happen anytime as well. We're floating sideway in this figure and it's hard to tell where will the price is going.
Anyway, I think having the vaccine available in public to cure the covid will somehow make an impact in the market.
I think we are getting ahead of ourselves bitcoin is having problems surpassing the 7k level, as we can see sometimes it surpasses that level and then just some days later it goes below it once again, also while a vaccine could make an impact in the confidence of the public about the future of the economy that is not going to solve the fact that millions of jobs have been lost and that many businesses will close their doors so even with the halving so close I really think that bitcoin is probably not going to go through a bull run during this year.