Bitcoin Charts Similar To 2018 | Are We Awaiting More Blood Bath
Well it seems that the current bitcoin chart is looking like that of 2018, are we going through this the second time I ask? In history this has being the longest bearish market ever experienced. In a session on CryptoQuant, it was said that the pattern is pretty looking like that of 2018’s bearish market and which it’s volumes and volatility is pretty same.
The movement of long-term hold bitcoins has decreased, and price volatility is becoming very low.
If the current descnending triangle pattern is completed and the price deviates from the support line, there is a possibility of a last crash in the bear market.
Contradicting this notion it’s projected that bitcoin has reach it’s bottom as an outburst gradually approaches, but the nevertheless the bitcoin market sentiment still remains same. This was derived from it’s daily market chart. At the point of writing this article bitcoin is selling below 20$k.
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Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.
Let’s also connect on some of the web2 platform.
Twitter:Hironakamura
Posted Using LeoFinance Beta
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I dont use web2 SoMe anymore, I finally pulled the plug on we few accounts I had left on that... fb I left in 2016!
Anyway about Bitcoin, RH predicts $11000 bottom for a long time, but modified it to that it could go lower, now the rates are going up.
So yes I do believe we go lower.
leo is LasseCash competitor, they use banners and has a lot of BS... use LasseCash if you like Anarchy (Anarchocapitalism), Crypto and Truth!! and no banners!
leo founder was scheduled to talk at hivefest7 but never showed up, I DID, and I presented LasseCash! :)
LasseCash pool SWAP.HIVE:LASSECASH pays +50% APY last time I got informed (thats if you look at the LASSECASH payout, but there are 6 other tokens paid out too, that is still illiquid), but it has been 1000% APY some times over its life.
Get into it, and yes we are still in the bear market... I will probably make a video about what I think about it, in a few weeks.. right now I am working on fixing some other stuffs.
Posted using LasseCash