BTC Review

[skyspirit_1462]

Good afternoon.
A small review of Bitcoin in volume levels.
At the moment, BTC is on annual lows, and so far the market has not been determined.

In the range of ~ 6770 - 6080 already accumulated a lot of volumes.
On the screenshot of the given levels, which should be noted as in the case of further fall, and growth when leaving the region of the range.

(Volumes from the Bittrex exchange)

http://prntscr.com/kljwkh

[1715275398]

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[1715275398]

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[1715275398]

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[1715275398]

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[autotoss]

We are already waiting for so long time to bitcoin for a going up, so to wait another month or two would be not so hard and it was to wait for half year. I think eventually we all will be rich.

[zahrah74]

Yes. I am sure and believe that in the near future the value of bitcoin prices will rise, to wait another month or two is not so difficult and I think in due time we will become rich.

[Tytanowy Janusz]

Bitcoin may drop even to 4,5k or lower but i dont think its a reason to be scared. It will be just another opportunity  to buy it cheap. Longer we will be in bear market higher we will bounce.

[TheReverend]

yeah i hope bitcoin will bounce up, we already waiting a long time. i dont care if it will fall until 5k or 4k$ i will hold until i get what i want.

[wxa7115]

Bitcoin may drop even to 4,5k or lower but i dont think its a reason to be scared. It will be just another opportunity  to buy it cheap. Longer we will be in bear market higher we will bounce.

When the ETF was denied many were expecting a negative response of the market and nothing happened so I doubt we are going to see a price of 4500, I am a long term holder so if that happened I will try to take advantage of the low price but I simply do not see bitcoin reaching a price that low.

What I see is bitcoin more or less doing what it has been doing for the last months, it is going to move in a very narrow band for a long time with some small upward movements that people will misinterpret as a new bull run only to be proven wrong, since it is likely the bull market will not appear until 2019 or even 2020.