Post
Topic
Board Speculation
Re: Now Lot of things to focus on BTC!!
by
Reatim
on 05/06/2020, 05:36:18 UTC
It is not easy to predict this time because bitcoin still at the search for a stable position at $10k now. But if there is nothing bad happen out there, bitcoin price can increase, and I guess that we will see another bullish trend for bitcoin. Or maybe we will see another correction for a while before the bitcoin price increase, and I hope that we don't feel surprised if the price is down deeper below $10k.

And I guess that stable position is impossible to keep. It looked like it would break out (well actually it did break out) and then suddenly got the dump, on some exchanges even to 9200. Looks like we are really going to have to fight tooth and nail to break and keep above 10000!

Breaking down 10,000$ is already achieved several times this year but staying there is the big problem because the longest 10k stays for 2 days and the following days are dumping with more than 10% so maybe we are just concern about the High price but we are not looking in the market status and the economy itself so yeah that is different stories to explain all.

Let us contribute if we really wants to make this market Grow specially bitcoin because nowadays the market cap grows with many altcoins and not concentrated to bitcoin

Anyway this must happen to let people know how healthy this market and there is no manipulation happening( but the truth?there is ) so if we want market to succeed?then lets do our part .