Will Bitcoin still remain trapped in a bearish pattern?

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Topic: Will Bitcoin still remain trapped in a bearish pattern? (Read 122 times)

PRDAEcontact (OP)

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Will Bitcoin still remain trapped in a bearish pattern?

February 16, 2018, 04:10:30 PM

Bitcoin cash has rallied more than 96 percent from recent lows, will it still remain trapped in a bearish pattern?

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Re: Will Bitcoin still remain trapped in a bearish pattern?

February 16, 2018, 04:17:39 PM

I personally suspect BTC won't leave the current bearish phase for a while. At least 95% of the previous gigantic surge in value of BTC was caused by (noobish) speculators who bought in because the price shot up. These times are now over and the bulk of the new and often inexperienced cryptotraders are now scared away and won't return for a while.

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