Today I ask the big question. is the bear market over for Bit Coin ? It's been a long 10 months with lower high after lower high. Nobody knew just how low it could go and everyone got a little freaked out. We've found SOLID support at 6,000 and it's obvious the powers that be don't want Bitcoin to fall below 6,000. At the same time we can't seem to break and hold this 6,800 wall, which would be a big signal for a bull market.
We're currently seeing higher highs for the first time in MONTHS but it's to early for the bull party. What do you think will happen ? Is the bear market done ? Will we smash the 6,800 mark within the next few weeks ? Are we going to stay in this same lane we've been in for months now or will it all crash and burn below 6,000 ?
I want to know your opinions !
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Dogecoin is looking good
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I'm only invested in Steem and Smoke ATM. I plan to diversify next year into bigger coins. I'd like a little pump so I can cash out a bit from Steemit and buy in on the next dip of Bitcoin. =)
Here is a way to earn some extra Free Steem... https://www.earncrypto.com/earn-free-steem/?r=94125
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I think crypto needs to become easier to use and more readily accepted before the market does really well. It's just going to be a roller coaster subject to volatile trends until that point. For example, if Amazon and PayPal start accepting Bitcoin, the whole show is really going to take off.
I think at that point you'd see a high trend that held. I could see it holding above 10,000k easy with those names in the game. I could see another market pump/crash happening at some point but holding high end value is a whole other story.