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Topic: [2018-12-18]Bitcoin Price Analysis: What Should Traders Expect in the Nearest Fu (Read 165 times)

member
Activity: 462
Merit: 14
Traders now can have a huge gain especially if they had bought bitcoin on its peak market price. Meaning to say that with the more than 5% increase of bitcoin they can relatively had huge profit for that and for the meanwhile if they are investing on BCH then probably they will have more than 27% of its market price increase today. Well good luck on traders!
newbie
Activity: 51
Merit: 0
This is not to say what exactly can be expected in the near future. Even tomorrow. We must understand that Bitcoin can behave completely unpredictable. My personal opinion is that Bitcoin has finally begun to stabilize. I think that Bitcoin growth is inevitable and will begin in the next few months.
full member
Activity: 686
Merit: 125
Well for now bitcoin has gone a strong increase for those who still believe that bitcoin will gone strong probably they can earn now in trading. However, I do believe that it will be only few people obviously to believe that this will going to happen because others might think that bitcoin market price will gone lower or down to 3K usd which did not happen. Good luck on those who had earn today with the increase still it might be a bull trap.
sr. member
Activity: 966
Merit: 264
Bitcoin Price Analysis: What Should Traders Expect in the Nearest Future?

Despite a common belief in the digital currency uptrend, there are many issues related to the low volume of Bitcoin transactions. December has obviously started in a bearish mood and continues this descending tendency until a big upward break. Nevertheless, for this run up to become real, it is required to have a lot of volumes. That is the main point, which is missing now, as only the volume can push the price to the moon.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/what-should-traders-expect/

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