Hey everyone
Finally we did attain a milestone of 9000$ that was long awaited.
We we're actually dancing between the price of 8.5k and 8.7k $.
Unfortunately it suffered a massive dump and lost 500$,
Now trading at near 8.5k $ , it's hard to see the market pull through if we just sell at those important moments.
What I feel is , it's moment like these that actually are the most critical for any market , if people support and if they instead of selling hold onto that , the price will only become stronger .
It could have been 10k $ , but let's just hope this pit gets filled soon.
Also the good thing is , even after the huge sell off it still managed to trade @8.5k $ , that's why I believe the bull Market is going to take it way further than we can imagine.
actually bitcoin is currently in a period of consolidation where making adjustments in the TF is small, but this is still reasonable in my opinion, if you believe bitcoin doesn't need to worry about this.
Yes, even though according to my technical analysis, bitcoin will drop below $ 8,000, but I don't know what happens next, it could be that my analysis is wrong if there is a big pump from the pope-market or big news.
But I still believe bitcoin will rise slowly, maybe next month you will see a much higher price. So don't be sorry if you don't buy when dumping, like last April.
