Quote from: CryptoYar on July 09, 2021, 11:28:19 AM

Quote from: KryptoKings on July 05, 2021, 07:19:36 AM

Will the market go higher or lesser?

For me the last 3 months of this year are very important for the crypto market, this dip is an opportunity for those people who want to invest in the medium term. Because I think before the end of this year all major coins will break their ATH and we will celebrate the new year with Green Market.

The market is not certain now with the ranging of price going from $50k to $30k. The market is trying to gain more force to project up before going to a particular direction. Price is still going to keep on fluctuating for months before againing strength to hit a direction. I understand what it means for traders who had bought at a higher price before the big fall of Bitcoin clearing investors accounts without any notice.

Trading and investing at this time is risky especially if the market is hunting stop loss but good leveraging can help one to take little risks at this time of the year where a lot of things are happening. Using higher time frame to see the current condition of the market now show that the trend is bearing with few Retracement which look like the market is trying to gain force to go bullish.

Based on my own analysis and back testing of the market, there is more change for price to retrace to $40k before going below the current support. From now to the year of the year, I see price ranging. There is still hope for Bitcoin to go bullish after this year with more traders and investors entering the market.