Quote from: tranthidung on Today at 11:37:17 AM

Quote from: Sachubaba on Today at 11:13:44 AM

The chart looks bearish. Bitcoin is staying below 200 DMA and has formed a triangle.

If the lower trendline is broken, bitcoin may crash.

The chart is bearish technically but your forget the basics. The market will not have bullish time if it does not have a bearish time before. Bearish periods can be big or mini ones. Same for bullish periods that can be big or mini ones.

Not my financial advice but my opinion is the best has yet to come. The market is in a mini bearish period and will experience a few moths with side-way. The next is a big bull run. Tongue

You may prove right in the long-term. but a short-term crash may be the "end of the road" for those having leveraged positions or trading with borrowed money or newbies who have never seen a serious bear attack.

Sachubaba

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