alexgreed

BITCOIN What to expect in the next hours.

BITMEX:XBT   Bitcoin
I think the chart says it all. In my opinion we are gona hit around 10k before a major correction to around $6900. If the price goes down before 10k the drop is not gona be as painful. I belive the market is very bullish right now but we need to watch the price closely till the end of 2019 and get a few more confirmations. Those corrections also need to take place, its very healthy for a bullish market to sell out from time to time and then break the previous highs which also gives you a confirmation that the market is bullish atleast in the shorter term. No corrections would indicate that the market is manipulated and the price is gona collapse at some point making the market makers very rich and alot of retail traders and new investors that are trying to catch the next 2017 type of move lose alot of money.
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