So, We Saw bitcoin touching $19535 on December 17, 2017. Soon after that Bitcoin Slowly and gradually started to fall and has now fallen to the low of the year 2018 which is $5738.18 prior to the low $5947 which came on February 6.
While experts Were Claiming Bitcoin to Break its ATH this year bears came into the action and took price below $6000.
Now Suddenly Bitcoin Shows a mini Bull and moves North for about 500$ in a day which almost all the experrts knows in a fake bull.
For me BTC is still in a Bear mode and could touch $5500 Which is also a great support for it. There are very least chances that it would break this support but if it does we can see BTC to $4800 or $4500 ( In worst scenario).
For bull run we need to see BTC to go $7000 atleast to open any trade.
And as i wrote the the Title above "Did Bitcoin Touch it's Bottom For this Year"? The answer would be it may see a pullback to $5500 once and then bulls will come into the action.
Also don't Forget to comment down your views on what do you guys think? and do not forget to hit a Upvote button as it would motivate me to work more harder and come with more exciting and informative posts.
plz comment and upvote https://steemit.com/ico/@ykhan60/dxchain-ico-review-or-big-data-meets-blockchain
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @imgarg! You have received a personal award!
Click on the badge to view your Board of Honor.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @imgarg! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit