Still a bear market, don't fall for false breakouts.

8 באוג׳ 2018

Previous rally failed but looking at the bigger picture its to be expected as we are in a bear market after all. We've been getting consecutively lower lows and lower highs since January and the last rally confirms it completely as it didn't break past the previous high and is looking to now sink lower than the previous low of 5800, which I'm predicting to be around 5300-5400 range before we garner support or completeley break past 6k and fall to 4k. I don't think we are getting lower than that personally but I do look forward to a final flush for Bitcoin and alts alike.

Remember to look at the bigger picture and not the daily swings, emotion if ones greatest enemy.