Quote from: sana54210 on Today at 06:58:03 PM

Quote from: Victorycoin on Today at 01:42:48 PM

The market needs to be monitored to know the exact news of the market after not getting stuck in insanity with the use of additional FOMO the price is holding down due to which it is selling will have to wait until the right news bitcoin stays stable above, it may try a reverse break. The first resistance channel is near the trend line.

You can monitor the market as much as you want but there comes a time when bitcoin does something that nobody is ready yet, for example when the price went under 30k and reached to 28k levels, nobody even assumed going back over 35k level, looking at what it is doing right now, we are over 45k and increasing every day.

That should be a proof enough and very recent as well, we can talk about similar stuff in the past because it happened a million times but this is basically what happened in July and august alone, price drops to a level where everyone imagines it would drop like crazy, but then the price increases to a level nobody even imagined, reverse of that could have happened as well. All of this means that no matter how closely you look at the crypto prices, it will always mean that you will be shocked by what the market does afterwards.

This is why Bitcoin is so attractive to many, its volatile price sometimes comes as a good surprise. Imagine with a few months Bitcoin only stable
at $30k+, but now the price of Bitcoin is rising daily even now surprisingly the price of Bitcoin has managed to rise above $45k. This can be said
to be bullish news that Bitcoin holders have been waiting for, when more FUD is circulating. So in the end people are able to be patient who will benefit.