Quote from: aoluain on October 31, 2018, 07:49:32 AM

Quote from: xfaqs01 on October 31, 2018, 12:20:37 AM

we all have observe the good news coning out for bitcoin for the last couple of months yet the price charts indicates the opposite.

i want to know what are your opinion about this despite the good news.
we all have different opinion, you might wanna share.

You are saying the charts indicate the opposite, i disagree. The charts are quite healthy
hovering around the $6500 mark. If it was "opposite" they would be falling. Whatever
good news comes out it only helps bitcoin stay at its current market state.

You have to realise bitcoin wont and cannot constantly rise, it is not healthy nor sustainable
It would be definitely a bubble.

my poiny is that the technical analusis indicators on the chart does not conform with the fundamental trend of good news, i mean ahm check the 100 and 200 moving average its very bearish ots pointing dowwn though it holds a strong support and the desceding triangle pattern is about to break downward, yet i always read good news about bitcoin and cryptos in general, its a lil bit confusing.

xfaqs01

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