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RE: Market Snapshot - April 14th 2018

in #steemit7 years ago

I will not consider we are on a finally on a bull trend until we reach $1000

I think you wanted to say $10,000. Yes, that will be a strong sign of a bull market.

The crossing of the downtrend channel I drew yesterday will not signify, in my opinion, a bull market per se, but only the end of the bear market. Which means we can go sideways for a while, and not necessarily up.

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Yes, I meant $10,000, Thank you.
And I agree, crossing that trend line was at least a signal of potential downtrend ending. We just need to consolidate that with a few more green days :)