BTC analysis Some opinions please! - page 2.

Indamuck

hero member

Activity: 1120

Merit: 554

Quote from: iCoin Sentiment on July 02, 2018, 07:08:46 AM

With the charts are looking bearish, an analyst says there is no evidence that Bitcoin would experience another rally. However, from the longer-term perspective, is there a positive signal?

https://atozmarkets.com/news/2-july-bitcoin-price-technical-forecast-is-there-a-positive-signal

These "analysts" are usually wrong. The crypto market is very unpredictable but my own personal opinion is that the bear trend is over and the bulls are about to come out in full force. If you hold long enough you will make a profit- This has always been true in the case of bitcoin and I don't see any reason to think otherwise.

hurry_hore

member

Activity: 294

Merit: 13

One analyst may be different thought with another analyst since each of them is different background, experience, knowledge, tend, emotion and psychology, etc. I see another analyst who says that bitcoin is in reversal pattern and ready to bullish. The good thing is applied risk management whichever analysis we follow.

Ctn

sr. member

Activity: 644

Merit: 259

Quote from: iCoin Sentiment on July 02, 2018, 07:08:46 AM

With the charts are looking bearish, an analyst says there is no evidence that Bitcoin would experience another rally. However, from the longer-term perspective, is there a positive signal?

https://atozmarkets.com/news/2-july-bitcoin-price-technical-forecast-is-there-a-positive-signal

What analyst says is not always true fact in the crypto space. Things are prone to change here lot of times. There is always unexcited stuff happening round here both positive ways and negative ways! So be relaxed about the current bearish trend which shall be over with the current month or by the end of Q3. Why? Because this is the time when most of the investors start rushing into the bitcoin so that they can prepare themselves for the December hikes which is surely there due to condensation. Sometimes you have to rely on fundamentals rather than technical analysis and get your answers.

tatum506

member

Activity: 311

Merit: 10

Quote from: iCoin Sentiment on July 02, 2018, 07:08:46 AM

With the charts are looking bearish, an analyst says there is no evidence that Bitcoin would experience another rally. However, from the longer-term perspective, is there a positive signal?

https://atozmarkets.com/news/2-july-bitcoin-price-technical-forecast-is-there-a-positive-signal

You can see that bitcoin prices in recent days are showing signs of a slight recovery and adjusted around $ 6300. Thanks to the adjustment of the bitcoin has made the altcoin are constantly rising prices, there are many altcoin is increasing in the past days and this is the engine to your trade. The market is still in the downtrend phase so the bitcoin price in my opinion can still continue to fall.

iCoin Sentiment

newbie

Activity: 5

Merit: 0

With the charts are looking bearish, an analyst says there is no evidence that Bitcoin would experience another rally. However, from the longer-term perspective, is there a positive signal?

https://atozmarkets.com/news/2-july-bitcoin-price-technical-forecast-is-there-a-positive-signal

Topic: BTC analysis Some opinions please! - page 2. (Read 217 times)