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Yes. Market is in good position. I hope we will see a buol run very soon.
As we see together, the market returns green with a fairly short time. Will this continue to rise and at least last for a long time? Or just part of the pope's game? Please share your opinion. Thank you so much.
The bear has laid down. To pull this bear market, a strong bull we need. I hope this green trend will be able to pull this bearish market.
Quote from: densuj on February 20, 2019, 06:00:28 AMIn my own personal analysis of cryptocurrencies price especially for the bitcoin, we must wait until the price of bitcoin to be more than $4000/BTC to know does the trend of price will continue or it will goes down again, because the resistance of the price is around $4000/BTC. When the price of bitcoin break out more than $4000/BTC it will be followed by all of cryptocurrencies price and it is mean the market of cryptocurrencies will be back green, but if the price goes down to $3500/BTC it will be bad for the market of cryptocurrencies.Therefore, yesterday bitcoin went up rather than break resist. If bitcoin chooses break resist, we can be sure the price of bitcoin is not like now. And we see later, if it drops to $3500, maybe bitcoin will go down again.
In my own personal analysis of cryptocurrencies price especially for the bitcoin, we must wait until the price of bitcoin to be more than $4000/BTC to know does the trend of price will continue or it will goes down again, because the resistance of the price is around $4000/BTC. When the price of bitcoin break out more than $4000/BTC it will be followed by all of cryptocurrencies price and it is mean the market of cryptocurrencies will be back green, but if the price goes down to $3500/BTC it will be bad for the market of cryptocurrencies.