Market Status
The Current Market has come kind of in a stagnant position. Yes, it is moving a bit Up and Down but in the Overal, it has come to be Stagnant.
If we take Bitcoin into Consideration we can see that the price of bitcoin has been trying to break past the 10000 USD barrier for Days but is still unable to Break Through. Currently, Bitcoin sits at 9727 USD approx and is currently in a bit of Downtrend.
That being said I really think Bitcoin is going to break through 10000 USD within the Upcoming week or so. It's not a Technical analysis on my part but simply an Observation from me.
Another thing that might happen is once Bitcoin crosses the 10000 USD Milestone it could drive straight to 12000 or even 15000 USD. I really hope that Happens as a bit of Bull Run is now more than OverDue.
I hope this Post was a bit Helpful to you Guys.
See you in my Next Post.
I wouldn't call the market stagnant but is more steady than it has been.
I called it out as Stagnant because BTC price had just banging on the Doors of 10000 USD for about 2-3 Days.
That was my only Intention. I know that slowly but Surely the MarketCap is increasing Day by Day.
I hope that it happens.
Fun day although again the trouble of thinking of households in terms of economy, @arunava please vote have me. Thank you
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