Bitcoin Bulls Rage In Key Indicator

Good Monday to everyone!

Bitcoin Bulls Rage in Key Indicator Despite $11 Billion Crypto Drop

“Josh Rager, a cryptocurrency analyst, explained that the GMMA has signalled the end of the bitcoin bear market as the price of the asset surpassed $7,000 earlier this month and that the trend would still remain bullish following a strong pullback.

He said:

People have questioned if ‘dips are buying’ And my answer is still a strong ‘yes, dips are for buying’ Even if we do see strong pullback lasting weeks, the correction will only serve to refuel a strong move up post-correction with past avg. of 150% gain between 30% pullbacks.

With Bitcoin and crypto markets, anything can happen as these markets are easily manipulated But until we close below $5,500 area on a weekly level, I’ll remain bullish Let’s not forget that we just closed out the strongest monthly candle on the Bitcoin since 2017.”

https://www.ccn.com/key-indicator-bitcoin-bull-market-11b-crypto-loss

 

Expert Asked on June 3, 2019 in Bitcoin.
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