Did Bitcoin Touch it's Bottom For this Year? Let's See

in #bitcoin7 years ago

So, We Saw bitcoin touching $19535 on December 17, 2017. Soon after that Bitcoin Slowly and gradually started to fall and has now fallen to the low of the year 2018 which is $5738.18 prior to the low $5947 which came on February 6.

1 day.PNG

While experts Were Claiming Bitcoin to Break its ATH this year bears came into the action and took price below $6000.
Now Suddenly Bitcoin Shows a mini Bull and moves North for about 500$ in a day which almost all the experrts knows in a fake bull.
For me BTC is still in a Bear mode and could touch $5500 Which is also a great support for it. There are very least chances that it would break this support but if it does we can see BTC to $4800 or $4500 ( In worst scenario).
For bull run we need to see BTC to go $7000 atleast to open any trade.

And as i wrote the the Title above "Did Bitcoin Touch it's Bottom For this Year"? The answer would be it may see a pullback to $5500 once and then bulls will come into the action.

Also don't Forget to comment down your views on what do you guys think? and do not forget to hit a Upvote button as it would motivate me to work more harder and come with more exciting and informative posts.

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