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RE: BTC 17 October - Spot the difference

in #cryptocurrency6 years ago

I feel whether it may go up or down depends on how long the support is able to hold as there is a lot of positive news coming out about bitcoin in the next month or two. However even if it does dip it wont be significant probably just a good opprtunity (maybe the last) to buy low.

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There has been a lot of positive news about BTC and crypto all year, but due to the bearish sentiment it has all been dismissed and swept under the carpet. I would say that we've had far more good and exciting news this year than we did last year! Any dip now will be about 10% tops, so I would suggest buying now and not waiting. Rather pay slightly more and be in the market, than miss the opportunity altogether. Besides it is hardly ever that someone buys at the real bottom and sells at the real top, though many traders claim to on a regular basis (they lie).

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