Post
Topic
Board Trading Discussion
Re: any opinions about the recent btc price crash?
by
tbterryboy
on 05/05/2021, 18:44:10 UTC
What is your opinion on the bitcoin price crash? I am trading with the Bill Williams trading system and all looks good on the weekly time frame, and on monthly its like nothing happened! what do you think guys and what indicators do you use?
It doesn’t really look like it’s good on the weekly chart now, the price kept crashing  a lot of times and even the daily chart isn’t looking good as much as I have expected. As of around April we all believed that the drop had to do with the blackout in some part of China, and then there are also others things we believed contributed to that.

I guess the effect is what we are still seeing at this time, or maybe this is just going to be the normal up and down. The majority of the coins in the market has been the same way, they are all going down in price . There can still be an upturn anytime, so let’s hope for that.