Post
Topic
Board Speculation
Re: Overview of the Market
by
Hippocrypto
on 11/07/2021, 23:24:06 UTC
For the previous few days, Bitcoin has been stabilising between $31,000 and $40.000. The bulls are presently trying a rebound after the bears failed to keep the price below the range's support. The relative strength index's positive divergence suggests that bullish momentum is building.

This is now establishing a strong pillars in preparation of second wave, before expected ATH comes. The hardships that we're facing nowadays isn't that worst if we compare it with previous bearish years. If there's a potential rebounds I am curious how it could take for us to wait, but in for the first attempt the market will have to struggle reaching towards $50k at first breakaway.