The Bulls are coming!.... Hodlers Tingle Euphorically!
There is a correction going on!!! BTC as well as altcoin hodlers should keep it going... it seems that the market trend is starting to get bullish that some analysts say it would even reach up to more than $100K by 2019. Would that be possible? Well, volatility is the other name of BTC. From around 2K USD before forking end of July- Aug of 2017 and afterwards, it climbed to more than $20K after several months. And the altcoins were at its high too.
It has been a topsy turvy crypto market since BTC declined in value last Feb of 2018. With all those sluggish sideways movement, day traders were so frustrated the last couple of weeks…and finally, it broke its resistance at $7K USD after periods of stagnation. Perhaps, the end of its winter sleep? It all changed in the last 72 hours of trading when it gained momentum adding more than $1000 to its value on Thursday. That was a big leap with an upward trend indicating a bullish market. Last Friday´s high was at $8,144 . BTC was traded with a heavy volume of $456,871,641 (26.41%) at Bitfinex and as of this writing, BTC is trading between $7,709 and $7,829 USD.
The market´s current correction has initiated the reversal and therefore BTC will be steadily up again. Crypto traders and analysts are predicting that probably around July, BTC will be strong as ever and altcoins such as Ethereum (ETH) , Litecoin (LTC) , Dash and Ripple (XRP) are following suit.
I have high hopes that BTC and altcoins will go higher and will reverse the market. I think that it´s high time for us crypto fanatics to start hodling again, get some alt coins now and wait for the market developments . Another surge will surely come our way so you better watch-out and get your funds ready, "invest only what you can afford to lose"!
DISCLAIMER
The contents in this blog are the opinion and thoughts of the author and are only meant as information to its readers. Investing in crypto currencies is dangerous because of the volatility of the crypto market....so get some professional advice from a trader before investing.
Thank you for reading.
BTC can definitely reach 100k by 2019
Good to know that market is going towards bullish trend.
Coins mentioned in post:
Thanks for droppin by, much appreciated!
I have already learned the art of HODLING...Just be patience and stay calm😘😘😘
Good to know that at least you do the HODL it pays later, you'll see and also try to get in source for reference.
More power to the bull market! I also have high hopes that it´s going to be reversed. Let´s keep on trading!Cheers!
O yeah @mers keep an eye with your XRP!
Hoping to be able to learn crypto trading soon sir @otom.
dm me in fb @duday, we'll talk about the basics, where to get free funds and how does everything works...
Awesome sir HODL is life! Let's do this! To the Moon we go!
Absolutely patience by hodling really pays, yes to the moon!
I love the cover, signifies Bitcoin is still the mother of all crypto. Though there is no doubt there are lots of emerging cryptos out there, still 99% of all the altcoins are affected by bitcoin's movement.
I'm in constant awe with the level of your knowledge and experience you gained with everything there is to know here in this kind of technology. Keep it up my dear! And continue to soar high, no worries because we'll definitely follow.
@fycee I'm a rookie of this field,I just keep myself updated to different sites from there I learned how these crypto moves.
Feeling of hope for all of us. Haha. Let us all be bullish on BITCOIN and other cryptos even the crypto market contradicts. Sustaining the market value from yesterday's high indicates a strong position. More than 30B usd was added to the total crypto's marketcap from 298B to 330B just within a day, dated April 13. Isn't it amazing? Haha, Sir @otom is right, the time of correction must be happening now then let's find out in the next couple of days 😂
And the volume's all time high yesterday. Thank you for this info. @chichiriya
Wow whatta positive vibe in here that spirit is amusing, the bear is forming ahead let's get quick to the ALTCOINS it's like if the going gets tough, let the tough get going!
nice one sir! @otom I strongly agree that its time for the bulls what they do and the bears to hibernate haha
Bears is forming ahead let's just cross our fingers that it would be just fine after, lol! Anyway we're used to the dip and the rebounds, cheers!