Analytics: Bitcoin true bull run will take place in July

Lebedev

Lebedev

Moderator
Moderator
Jun 26, 2018
153
Points
1,147
Josh Rager - trader and crypto analytic is sure in that Bitcoin instability will continue till the middle of summer, after what a long-term price increasing will start.

By his words, today's way the bitcoin price go through has already been seen in year 2015: after the main cryptocurrency has been to the historical button, a new bull 216 days long trend was started.

What is more, a bull candle worth $1000 that appeared on 2 April shows us that today we're in the middle of current accumulation stage. And it will end somewhen on 19 July. However, trader made an emphasis on that it is no more that his hypothesis.

Some time after he has tweeted an image that supports his theory.

Analytics: Bitcoin true bull run will take place in July


This graph shows accumulation zones and that they are bordered by Simple Moving Averages (SMA) with periods of 100 and 200 weeks that work as levels of resistance and support.

If his theory is true, to start a new historical bull run all the bitcoin has is to break through the resistance level which is 100 MA.
 
Advertise Here!
BitStarz Casino
Investment Offer
Best Change
Advertise Here!
Coin Payments
M

MintDice

MintDice.com
Verified
Aug 5, 2019
13
mintdice.com
Points
28
July was good. I'm glad to be as it makes me a little extra money when I have the time.
 
EthanHolland

EthanHolland

Member
Verified
Dec 5, 2018
15
Points
20
Hello, the discussion here is fascinating, but everyone knows that on the Internet there is a lot of cheating on different trading platforms and sites. They all promise quick money within a short period. But when you deal with cryptocurrency, you should stay alert to their info. I can only recommend the product I tested myself. is safe. Moreover, it has the industry-leading security that keeps your account close to others. It can be anonymous, and you can register just in 40 secs. If you start, you can find there detailed instructions about the main tendencies in the trading world.
 
S

Shon Maykel

Active member
Oct 9, 2019
26
Points
55
The June was not bad at all. Can't wait to see what happens in July :cool:(y)
For earning good amount of money it is very necessary that you use the advance risk and money management in your trading career. The traders who don’t have proper support from his credible broker can ever use risk management in his trading so I suggest using the reliable broker called ForexOne. In their platform they offer the flexible high trading leverage 1:500 with the advance use of risk and money management.
 

Similar threads


Rules Help Users

You haven't joined any rooms.

    You haven't joined any rooms.
    Forgot your password?