Quote from: fzkto on Today at 11:57:16 AM

Quote from: Ararbermas on Today at 11:01:50 AM

Quote from: Oshosondy on March 08, 2022, 07:08:23 PM

What are you people suggesting, is this time to buy bitcoin or a time to just to have sold and wait for another bull market

keep holding if you still have bitcoin in your wallet mate, because market is gradually gaining strength on this current situation despite of fluctuation. And there are already some respected key levels in the support using higher time frame which means a positive sign that there will be possibility bitcoin will bounce back in the near future, So be patient.

However if you want to buy more bitcoin , i suggest wait for more results or confirmation and never buy against the trend because it can cause losses afterwards especially when there's a fluctuation. So always remember to follow the trend when it comes buying to assure the results will be fine.

What do you think the trend is right now?

I see that we are now in a local uptrend with frequent corrections, we cannot get above 40k. Buying volumes are starting to emerge. But if we look at the global picture, we have been falling with bounces since November 2021. So it is not quite clear at what levels you are suggesting to buy.

Actually we did get above $40,000, the thing is that it is not sustainable in the short term. And we know that if the price didn't sustain it's run, it's like catching a falling knife and that's what happen right now.

The November 2021 all time high is one for the books already. And it will take another 2-3 years before we can finally see another all time high. For me the trend is really bearish, IHMO.