It looks like bitcoin is about to do the last fall before undergoing a true market correction. The last few hours have shown some significant drops and there is no comfort in the traders who are trying to mitigate losses and will sell quickly.
The support levels have been tested and all broken through before rising a little before dropping further. I am not trying to delude people in to selling. I just see the market collapsing a little more before it is truly stable.
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When do you expect the bitcoin price to increase again? Also, which coin would you recommend people to invest in ?
Great post and thanks = )
As of right now, BTC looks stable. Asia, Europe, and North America are all comfortable with the prices. If you see BTC drop below 13k look at the time and see which market is asleep and which one will wake up. Panic sells will probably drop the price further.
Currently, I am primarily in EOS and Zcash. Zcash is under performing in my thoughts. EOS is long term hold and the price will increase with BTC.
No projections on BTC though.
Sorry for the slow reply.
Merry Christmas.
:)
Thank you for the opinion you shared with me.I have been reading very good stuff about EOS.It sure has a very huge potential.
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