Quote from: arufox on December 14, 2021, 12:05:14 PM

Quote from: rincoeng1986 on October 19, 2021, 03:26:33 PM

Quote from: arufox on October 19, 2021, 01:52:28 PM

Quote from: RILWAN on September 07, 2021, 04:42:13 PM

i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable, with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?

Bitcoin in the past month did experience a decline in the price of about 12 percent precisely after El Salvador accepted bitcoin as a legal tender in his country. But now, the bitcoin bulls are back that the bull market and bitcoin rally have started to pick up again in the past week or so.

The price index is very positive in this one week, many altcoins are following the movement of bitcoin. will likely be followed by the newly marketed altcoins in cryptocurrencies.
The bitcoin market index has broken through its high levels in recent days looking like a household ladder.

However, after breaking through its highest price level, now the bitcoin price has continued to experience a correction over the past week where the bitcoin price has not rebounded from the $56k level. even many experts think that the current bitcoin market condition has entered a bearish phase.

In my own opinion we must not rely much on charts and in news cause maybe there is some people or whales manipulating that and it can become you a prey, but it is my opinion only as what i have doing in my own trading and so far my instincts never failed me.