Post
Topic
Board Bitcoin Discussion
Re: Why One Top Bitcoin Trader Believes Now is the “Calm Before the Storm”?
by
Oasisman
on 07/07/2020, 09:37:50 UTC
The benchmark digital asset is showing few signs of breaking this trend anytime soon, but one analyst does believe that this could mark the “calm before the storm.”


So. what do you think?

This is a broad and vague at the same time kind of prediction. The "calm before the storm" narrative could either an upward swing or a deep correction.
This trend is bound to be broken anytime soon with or without any signs, there's no way that Bitcoin will always hover around the current range. Bitcoin could either break the $10,000 curse, or drop below the resistance level.
Though I personally don't see the price falling below $8,000 level at this current rate, but I'm not sure about the bullish predictions this year either.