RE: Bitcoin target can be seen near term at $1700-$1800 range.

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Bitcoin target can be seen near term at $1700-$1800 range.

in bitcoin •  8 years ago 

this can be number of reason, profit booking one of major reason. Technically $1700-$1800 is the range where this can be seen buy again...

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8 years ago by

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      ·  8 years ago 

    "As a result a slump is created in the market when a lot of people indulge in profit booking. However, the slumps created as a result of profit booking are extremely temporary in nature. These issues get resolved and the stock price comes back to normal in a matter of days since there is no problem with the fundamentals of the stock. Profit booking are just temporary aberrations created by market sentiments."

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        ·  8 years ago 

      Yes correct, you will find bottom very soon, instead fear keep hold or buy again at that level.

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