Looking at the rate at which BTC prices from December, 2018 to date, reveals that while the rate of fall was so high between December and February (steep slope); one can see that the rate of fall in the last 2 months has drastically reduced. The one time steep slope is becoming gentle slope. This is an indication that on long term, the bears are getting tired, and...
The BTC sudden rise is around the corner. BTC will rise to test the previous high of $9,9xx. If it crosses the 10k resistance line then, the years becomes bullish. Watch out!
The BTC has been moving sideways in the last 9 days, between $8,800 and $9,300. It has to take a direction very soon, either up or down. Do we have volume to push up price? No. So, it's likely that BTC price will go down very soon. Except if bulls will come from nowhere and pump volume. Otherwise, down we go!
