Topic: Bearish market over. - page 2. (Read 683 times)
it made correction and it will start to raise over to 5000$ again. it is just my mind.
Do you think bitcoin need more corrections before climb high Sir? I am happy with this condition, but I am not sure if bearish market over. The market too fast to react when touch $2,954 support level. If you have more information related this condition, I am happy to hear that.
For those who buy bitcoin yesterday morning when the support level of $3250 was tested, are now smiling this morning as bitcoin's price has broken the resistance level of $3,500 and as the time of making this post, the price is above $3,700. I think the correction is over and we would resume bullish momentum any moment from next week.
Right now price is again testing support level at $3500 and I think price will go below that soon because its the prefect time for chinese whales to exchange their crypto into fiat. There will be almost no local trading platform where they can trade crypto for chinese pairs after few weeks. I will buy more when price will be near $3k.
For those who buy bitcoin yesterday morning when the support level of $3250 was tested, are now smiling this morning as bitcoin's price has broken the resistance level of $3,500 and as the time of making this post, the price is above $3,700. I think the correction is over and we would resume bullish momentum any moment from next week.
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