Will BTC Rise Again?

in bitcoin •  6 years ago 

Hi bro, see you again with me budi691, I will express a little view of the value of bitcoin which is currently experiencing a negative trend, surely you will think and ask, 'When will Bitcoin rise again'. let's start discussing it in November, even though it has entered December, the end of 2018.

On November 15, the crypto market lost more than $ 27 billion. The cryptocurrency market is still losing money over the past 3 days.

Bitcoin prices increased more than 7% yesterday after the hardfork Bitcoin Cash (BCH) was completed. The Bitcoin price fell from $ 95 million to 75,856,494 rupiah before the BCH hardfork. BTC prices began to increase after hardfork and rose above the 84 million rupiah but could not maintain bullish momentum and finally fell to 81,193,048 rupiah.

BTC market volume has dropped and bull run may rise in the coming weeks. The support level for BTC is around the price of 81 million rupiah and the resistance level is around 83 million rupiah. Bitcoin needs to break the resistance level to return to the price of 90 million rupiah. At the time of the press, the price of BTC was at 81,276,894 million rupiah.

but after I saw some statements from the cryptocurrency expert, Bitcoin will return to shine in 2020. Will that happen? whether the effect of 4 years will really happen.

Thank, already visited my writing, who is still an amateur. sorry if it's not what you expected, I'm also still learning

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