Why Bitcoin Market Is Not Eager To Break Out.It's Not Really Trying To Move Up Higher Market Analysis

The bitcoin market currently is not massively bullish is not massively strong but it's at least good to see price hold 16,500 dollars that's still good.

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We need to see a foundation form in the market for bitcoin before we actually see price run up because we've been in a downturn into the market in bitcoin price has been in a downturn and we expect the market to down .

This market is not eager to break out.it's not really trying to move up higher that's still some selling going on into the market in the bitcoin.we need to see some strength on these price for us to actually become bullish and you usually go and find another market.

Where you can actually make money a market is actually on the move to where we can actually make bread whether it's prices going up whether it's price is going down.where we need to be and looking at this in bitcoin I just don't see the marketing bitcoin actually get going anywhere could we possibly see the market around the 16550 dollars.

We see the market run that lower I mean we can the only problem is timing it like when do you expect it to happen that's one reason why we come through and draw price predictions and we just simply extend it out extend the price prediction especially.

If we don't see anything changing in terms of weakness.we don't see too much weakness we need to come in and cut this price prediction out and then play the market to the downside in bitcoin the market doesn't look extremely bullish

We were going to play some strength into the marketing bitcoin.we cannot see price pump we definitely don't want to see price and break this trend.if it does then my expectation would be for the market and bitcoin to do this consolidate and then continue to move down in price.

This is the current momentum this is the current trajectory that the overall Market is filling in bitcoin.

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