Why is bitcoin price not rising ?
Currently whole market is being manipulated by the whales this is the main reason for the dump in the market .
It has now been more than six months since the market is going red .
Whenever the market goes up by 500-600 dollars , whales enter and sell off a huge amount of btc and cause btc to dump again .
And also another reason for this dump is fud caused in all these days .
Nowadays there are many fuds related to bans , exchanges been hacked and so on .
But it is 100 % true that the whales themselves will force bitcoin to a bull run again and that would be the time for us to gain huge profits .
It has been a long wait for all crypto lovers to see the market boom , i personally think that the time has come now for the market to boom , just a wait period of month or two , the market will soon be on its peak .
What do you think ?
Summer of 2020 it will start to moon again. Then peak in early 2021. If the technology is ready (for mass adoption), it won't go back down. If not, another 87% correction. I predicted this bear market last year on my blog.
When I say 2020, keep in mind that we may see new ATH's sometime in 2019, but it will be nothing compared to what's coming in the early 2020's.
@zoidsoft In the year 2020 crypto will be at a huge peak . But for now i think that we might see a bull run soon in a month or two . Lets see what happens .
boom of btc soon in few days just wait n watch
i have slightly different opinion. i dont think 6 months is a long period. this is new technology and it will not just break through everything we should be prepared to see alot of ups and downs before it settles. the price will get stable but it may not happen in a few days or weeks. i am here for the long run i am planning for next 10 years and i think that should be enough time to have decent returns on my investment and in the mean time i will keep myself busy with some trading and steem.
@sarah249 Thats a great idea mate . Your thinking is also absolutely right . Keep steeming
Many unprofessional peoples was enter into the market that are impatience and panic sellers who have also beneficial for whales.
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