BTCBear offering flexibility and and secure reliability Trading panel. You can trade from anywhere, with multi-device such as Smartphone and Tablet. Oct 04, · 52% ROI in BTC o a single trade, during the last stages of the bear market. 52% profit in BTC, on a single trade, at the late stages of the bear market! Stunning, right? Feb 02, · Bitcoin Is Now Officially In Its Longest Bear Market Ever Bitcoin has officially entered the longest stretch of declining prices in its year history.
Bear market btc$/BTC | Global Cryptocurrency Exchange | Buy and Sell Bitcoin | Buy and Sell Ethereum
If not — we are in for far more trouble, but I think the odds for holding support and bouncing are good. One trader shared the chart below earlier this week. It shows that Bitcoin cleanly bounced off the depicted moving average on at least four separate occasions.
Also, during the bear market last year, the level acted as a key point of resistance:. Proper bull markets should respond to it. Analysts believe a bounce for BTC is likely, which should help assuage fears of a loss of the abovementioned technical level.
Declining equity prices encourage more monetary and fiscal stimulus. Could you be next big winner? I consent to my submitted data being collected and stored.
The advanced technical analysis approach examines reliable wave patterns that show the repetitive behavior of market participants. Once the pattern is complete, BTC will likely spark a strong rally. But Benjamin Blunts warns his followers to watch out for a sharp move down before Bitcoin hits the target. Like we say in breakout then shakeout, but then I thought how often does lightning strike twice?
Blunts used his prowess in Elliott Wave analysis to forecast the Bitcoin bear market bottom. The prediction turned out to be on point as BTC hit the target on December 15th. Please check your inbox or spam folder to confirm your subscription. Thank you. What Is Blockchain?