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Question asked on Musing.io by ijoel

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· @ijoel ·
Question asked on Musing.io
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properties (23)
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vote details (6)
@calprut ·
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authorcalprut
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json_metadata"{"app":"musing/1.1","appTags":["exchange","market","crypto"],"appCategory":"exchange","appTitle":"Are you surprised to see the market recover?","appBody":"<p>&nbsp;Honestly, I predicted it, but this happened faster than I expected.</p>\n<p>Even so, chances are that prices will continue to decline further, until early February 2019.</p>\n<p>A lot of positive sentiment will occur in the crypto market in 2019, and of course I can't wait for it.</p>","appDepth":2,"appParentPermlink":"pkz3stejw","appParentAuthor":"ijoel","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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@luueetang ·
$0.65
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authorluueetang
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json_metadata"{"app":"musing/1.1","appTags":["exchange","market","crypto"],"appCategory":"exchange","appTitle":"Are you surprised to see the market recover?","appBody":"<p>Its a surprise that It recovers at this particular moment of time as I thought it would be recover later next year but it recovers at this time. Well, I guess everyone at this moment of time is somewhat confused at the direction of all the cryptos at the moment and the market.</p><p>Now the US main stock market is having problems which I guess are usually temporary and is gonna be like this till may of next year, so it's time when everyones interest in cryptos start to come. It would be good to see if the cryptos would provide a safe haven for everyone to put their dollars in. It's a defining moment in time as it is when fear takes over and everyone is running into cash and gold.</p><p>The next hurdle for bitcoin to reach would be back to 5200 which it had hovered earlier on. For me, I am keeping as much coins as I can get my hands on. It is preparation of the price rise. I do not know by how much but I know it will. </p>","appDepth":2,"appParentPermlink":"pkz3stejw","appParentAuthor":"ijoel","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
created2018-12-22 03:12:09
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vote details (10)
@shivohum2015 ·
$0.65
Question answered on Musing.io
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properties (23)
authorshivohum2015
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json_metadata"{"app":"musing/1.1","appTags":["exchange","market","crypto"],"appCategory":"exchange","appTitle":"Are you surprised to see the market recover?","appBody":"<p>No...not at all....</p>\n<p>It was very well positioned for a recovery and the correction is still on and it could rise further.</p>\n<p>One of the very interesting fact about bitcoin and the crypto market is that every year by December it rises, may be a way to celebrate Christmas. But historically it has been the trend in last 9/10 years.</p>\n<p>Apart from the historical trend, if you see the technical analysis of Bitcoin and other cryptos, then it was really trading ultra bearish for a prolonged time and it remained around the historical support (like 3300 level) for quite some time and chart shows like it was not willing to go down further.</p>\n<p>Please note that when a price action does not breach major support on repeated attempts, it is a good sign to buy the price and in most of the cases price corrects higher and so is the case now with Bitcoin and other cryptos. I wish this correction corrects much higher than expectation.</p>\n<p>If this correction holds good then by mid January 2019, we may see 5500 level for Bitcoin and that is a significant resistance for Bitcoin and only time can tell how it would react at that level. None the less the market is poised to correct much higher and there have been enough indications for such a scenario.</p>\n<p>Thank you and Have a great day.</p>\n<p><br></p>","appDepth":2,"appParentPermlink":"pkz3stejw","appParentAuthor":"ijoel","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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vote details (7)