LearnTradingBTC

Bitcoin consolidation before bullish movement in early 2019

Long
BITFINEX:BTCUSD   Bitcoin
Hello everyone and welcome to my first publication.
You will find a publication from me on bitcoin or one of the other cryptocurrencies every week at least.

Recap, since early 2018 bitcoin and other cryptoccurencies have undergone a correction, and since early September the volatility of bitcoin has been reduced to swing between 6250 and 6750 with a drop of volume, sign of desinterest of market by the buyers.

Forecasts, Bitcoin should continue to swing between 6250 and 6750 until January or February 2019. A break of the ceiling of 6750 is expected to fetch in the first time 7480$ and in the weeks following a crossing of this ceiling. This process will be accompanied by a gradual return of investors and therefore of volume.

As the cryptocurrencies market is very volatile, medium-term changes may occur, so I'll keep you informed of the latest changes in this market.

Thank you for reading my post, hoping it was helpful.


"Warning: This publication is not an investment advice, it's only my personal opinion. My publication was created from my acquaintances who have been growing for 2 years."
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