It has been almost 6 months since price of BTC is declining and no Guru knows where is the bottom. All technical charts indicate that double bottom should be be foundation of price reversal but it it not materializing.
Is there any fundamental change in perception of Investors/traders that they are gradually diverting their funds in alt coins?
If Price of Bitcoin continues declining for the next few coming weeks them I will be quite sure that BTC is losing all of its glamour and shine.
So far its going touching new lows every week. I think it will touch $4500 levels as per many analysts and will then bounce back and will begin the BULL RUN.
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Certainly it will enter into bullish zone once it touches it bottom
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The market is new, and it’s still early to say which way we gonna move.
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