Post
Topic
Board Speculation
Re: Bitcoin resistance and support price
by
GeorgeJohn
on 04/12/2021, 07:25:21 UTC
The support is strong at $50000 and bitcoin has not falled to the level at all but is this not the begining of the bearish market?
There’s a possibility that we enter into a bearish market especially if we broke down below the support level but don’t panic you can still hold and be more patience to wait for the next bull trend. There’s no assurance on every trend, always know what to do next and you can either cut loss or stay hold that’s you choice anyway.
From understanding it's clear that holding for long term will be relevant, everyone is emphasising on one point, which is don't hurry up to sell a coin, so on the  aspect of bearish market, the year is already close to an end and is very obvious that we can't adventure into bearish market until the end of this year, as you said earlier before to exercise patient until the bearish market occur, just in the addition endurance is the key to make profit in cryptocurrency investment.