Post
Topic
Board Speculation
Re: Btc down trend are started ?
by
tbct_mt2
on 05/07/2021, 09:40:37 UTC
I think the dropping of the bitcoin price is not a down trend it is maybe a short correction
It is not a short correction and you can call it as a mini down trend that can stay with us several months.

Quote
look at the price and the movement or volume in the market. We can really say that the bitcoin has a big chance to rise before the end of this year. And I think if the price drop down below 20k$ that time we can maybe say that we are in a down trend situation but for now I think we are still in the bullish season.
Bitcoin will need to have to complete its accumulation after that it can be warmed up for the next bull run. Bull run will be big but I think you can enjoy a warm up time in late of 2021 but the real big bull run will be in April 2022. It won't happen too soon as you hope in my opinion.