Have a look onto the chart there is a bearish possiblity for Bitcoin .Bitcoin still not achieved its support target i can drop more before next bull start. So there is a possiblity Bitcoin breakout will start after some bearish.
So use your seat belts to take off from BTC plan .and then we will start flying again if you are a day trader you should not convert your bitcoin into usdt right now wait for next bullish point and resistence area is 7700$ .
we went up to 6,950 with help from the inverse HS pattern, but really quickly after the bears took us down again. Because bitcoin is under strong presser Ban news comming from india let the bitcoin drop 5000$ in India and indian exchangers are not taking risk of buying the bitcoin right now.
Right now bitcoin is chart is creating bubbles that could b a possible breakout but why people buy btc ?
most people are buying btc because of very cheap alt coins now a day , if you visit coinmarket can you can imagine the price of alt market is sharply drown and some peoples still belive that it is a good chance and time to buy alt market .
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Yes today, here in India RBI announced if people invests in Bitcoin then the Banking services will be stopped for them so it's really surprising for us and hope that everything will be fine again, but i really liked your point means Alt market is an really good opportunity. Thanks for sharing and wishing you an great day. Stay blessed. 🙂
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Saxo Bank says that Bitcoin will rise to $ 60,000 during 2018, but that it will fall to $ 1,000, for a strategic alliance between Russia and China, to create their own cryptocurrencies.
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