Post
Topic
Board Speculation
Re: Bitcoin Market Update: The Halving is Here
by
leyton11
on 12/05/2020, 09:43:43 UTC
Price ran up to $10,000 only to dump quickly to $8,100. Filled bids on this drop and remain bullish but HTF market structure is cause for concern.

Full analysis here:

https://www.cryptoadvocate.net/post/bitcoin-market-update-03-10-20
Yes, many have seen weekly candles showing signs of reversal and BTC dominance is quite high compared to the average of 64%. so there will soon be a strong correction from the whales as the halving event will always make bitcoin plummet. We should hold USDT and set the price that we accept to buy and should hold it for 8 - 12 months. Surely we will have a great profit after a long holding period and the growth history of BTC also supports that.