Market sentiment is very low now. So do we follow the bear herd down?
RE: [ Trading ] HUGE Bitcoin breakdown over the weekend, but is it over?
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[ Trading ] HUGE Bitcoin breakdown over the weekend, but is it over?
I am moving some crypto into USD. I am waiting for things to cool down and I would like to see it Tone and Tyler is correct with their $4975 prediction.
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Bitcoin still has alot of major support levels that need to be broken before we think about the $4,975 region. $6,410 is the next major region that price could reach, the previous time price reached this level was also after a sharp bearish move and we then witnessed a strong bullish bounce off this level. If price doesn't find support before it fall below $6,000, Tylers prediction could be met.
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Thank you for your input @stevewakeham. What is your longer term view of the Bitcoin price? Are bullish or bearish?
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Long term I am still very bullish. Once price finds the bottom of this bearish run i believe we will see price regain value and creep towards new highs at the end of the year.
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I trust we will find a bottom soon. Have you seen Haejin Lee's alternative view? Re-posted it today.
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I think so too.
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yap this is correct decision.
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I think it's a good idea for the time being. But if the prediction is correct, then there's going to be a lot of trouble in the crypto market
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There will be trouble, but crypto will not die. It is here to stay. Bitcoin has been here before like 2014, but came out stronger.
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It is all doom and gloom
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I consent with you, I just hope it won't take so long to gain back it's value
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btc has proven itself time and time again.
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Sounds like a smart move.
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