Are We Facing A Bearish Cryptomarket?
Hi guys,
Recently I made a post about Bitcoin bubble and the possibility of going on a downtrend from now on. Check the post:
https://steemit.com/bitcoin/@carlosd15/bitcoin-bubble-popped-up-classic-bubble-pattern
Disclaimer: This is only for educational purposes. Please don't take this as financial advice. I'm not an expert on this field. I'm not owner of the images sourcered here. I'm using this information to make my own argument.
Let's look at the graphics
As you can see here we are following a straight line from the all time high pick of Bitcoin going down as time is passing by. This has concerned me a lot because could time months for holders to recover their initial value of the coins.
I'm displaying this as a question for people to get involved and comment about it so we can get a major picture of what could happen at the end. I hope this analysis could be 100% wrong, I'm always waiting for the best for all :) cheers!
Its really when some elites are manipulating the crypto markets
Do not worry my friend that the Bitcouin will return to its luster and climb more and more it is the currency of the future
Yep.. we are hoping to see green days soon :)
You are 100% wrong. I have the opposite Bitcoin Prediction. BUY BITCOIN. LONG POSITION TO 7K IS OPENED NOW
I agree with carlosd15, Bitcoin will give ideal buying opportunity but we have to be patient, But still Cryptos are in downtrend or correcting themselves, Look for below 3000 in a coming month
Remember your post! When you will see time to buy the price will be $4500, but not $3000
Sure, I will remember that, Lets see what lies ahead
I want to be wrong ^^
I strongly hope we drop under 3k. Ideally under 2.8k.
I find it hard dropping to 3k soon... it could play with our minds for weeks and when it reaches 3k it will bounce to the sun!
It's mistaken hope for my opinion. BUY BITCOIN. LONG POSITION TO 7K IS OPENED NOW Better not to trade now. There are no fundamental signs for dropping less than
$3200
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