Bitcoin Bull Market is Back?

in trading •  7 years ago 

Taking a look at the 2 hour chart for Bitstamp. After seeing a healthy drawback in bitcoin for the past 4 weeks, it finally broke through the triangle trend and is now using the $2550 fib level as support. Next stop $2738. What are your thoughts on the current trend, I alway love to hear feedback.

As the market continues to grow, It always puts a smile on my face watching a truly free market emerge. Cryptos Forever!

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I believe we are about to see a big jump soon.

I definitely think so, Ive been buying the past few weeks. This time it will break through 3k on GDAX

Also do you think ETH is overvalued

Eth is currently pretty well priced, hard to know where it is going from here though.

Yea it is. I sold off my ETH around 400 I'm trying to buy it back around 200. thinking of just biting the bullet and buying back at 250-260