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RE: Technical Analysis on Bitcoin: The Bears Hit Back
Thanks @jatinkkalra. We need volume (new buyers) to spike before there will be any long term bull run. I believe many investors are waiting for clear regulatory guidelines before entering the market.
totally agree with this thought, especially for indians where central bank has banned banking services for crypto trading and we are searching for another path to get cash out if we want to, until the court hearing against the ban! :)
bro you may be right , but there is no reason for one commodity to come down to such low in 6 months time.Manupilation is going on in the process and these people wanted to see Bitcoin at $3000.I may be right or wrong , kindly advise
This market is obviously being manipulated. That goes without saying. I don't think it'll drop as low as $3,000, but $5,000-$4,500 is a possibility.