Post
Topic
Board Speculation
Re: The market is not good
by
Ararbermas
on 27/07/2021, 14:08:23 UTC
The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?
probably, but in this situation we cannot say that this is a bearing situation as its very steady at the current price, yes that's true because it's been months now actually that bitcoin keep holding the value under 30k.
So it's not bearish in my opinion, because when we say bearish the price itself will keep going down to the very deep level.. But on this situation it's different. wherein seems just don't have stable progress but still keep staying at the support.. Probably just waiting for the right time to rocketed because if those whales really have an intention to manipulate bitcoin price below 30k maybe it already happened when market growth rate rapidly decrease. But look bitcoin is so steady anf keep maintaining the price when there a fluctuation after the small progress.