It is hard to say anything clearly, but for now the uptrend seems to be over or paused. Of course, everyone will make their own decisions, but I think it is good to be cautious.Analysing or predicting the price of Bitcoin is becomung difficult because at my last check btc as dropped to $29k which wasn't anticipated but I hope it will rise again
Things look a little broken. The sales wave seems to be quite strong and will it be calming for now, I think we will have to wait.I think the price of bitcoin would soon start its bullish run just a little patience is needed , but most people are actually saying that it might fall further i just hope that dosent happen
I think a time would reach when the demand would rise high and the sales would reduce ,at least it would really help the priceThings look a little broken. The sales wave seems to be quite strong and will it be calming for now, I think we will have to wait.
I will think it is paused and not over yet since the price just go up a little or fall back a bit nothing so drastic for now so I think people still love it that wayIt is hard to say anything clearly, but for now the uptrend seems to be over or paused. Of course, everyone will make their own decisions, but I think it is good to be cautious.
This was the way bitcoin was stagnant some time last year before it begins to soar , the fundamental facts is patience and following up activities.I will think it is paused and not over yet since the price just go up a little or fall back a bit nothing so drastic for now so I think people still love it that way
Yeah you are right, the volatile nature of btc doesn't give one the privilege to really predict right these figures but following the market or monitoring things give one an insightThis was the way bitcoin was stagnant some time last year before it begins to soar , the fundamental facts is patience and following up activities.
I have watched how trading takes place in most Exchange platforms, the price keeps fluctuating every second just like tricking clock.Yeah you are right, the volatile nature of btc doesn't give one the privilege to really predict right these figures but following the market or monitoring things give one an insight
Yeah bitcoin is facing a large resistance between the price of 31-33k now. Yesterday it felt below 30k again around 29k. But when I checked after some hours, the price was again 32k. For the last couple of days, I am seeing the price of 32k on average.The price is currently facing resistance near $ 32,800 and the 100 hourly simple moving average, according to analyst Aayush Jindal.
The pair could trade in a range with strong resistance near $ 33,500 and $ 33,800.
How do you think bitcoin movements can happen from now on?
I have being mulling over this for sometime while looking at the past performances of bitcoin and I also agree that patience is key.This was the way bitcoin was stagnant some time last year before it begins to soar , the fundamental facts is patience and following up activities.
It is the volatility we have been talking about. It changes at will and it can be on a steady pace or galloping pace. So monitoring the market is mandatoryI have watched how trading takes place in most Exchange platforms, the price keeps fluctuating every second just like tricking clock.
Yeah , the moment I invested in any coin I monitor it closely though I don't set higher target initially but if the coin grow faster I increase my target.It is the volatility we have been talking about. It changes at will and it can be on a steady pace or galloping pace. So monitoring the market is mandatory
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