Bitcoin exchange rate forecast for October 25, 2018

in #crypto-news6 years ago

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Movement within the side corridor continues. Formed flat against the background of minimum volatility promises to drag on until the end of the month, exhausting the public with small swings. Still, the volumes are beginning to be collected, which allows us to consider the situation from a global perspective.

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It is worth remembering that Bitcoin peaks are obliged to the situation with Tether. After the collapse of stablecoin, there was a redistribution of assets, but now investors are again collecting egg cubes and are preparing to play with a crypt. On the volume chart, it becomes noticeable. It would seem that you can count on growth and swim. However, globally, comparing the situation with similar ones, there is one “but”: in such a situation, there always appeared a certain manipulator (or group) trying to throw passengers off before going up. Moreover, there is no reason to believe that this also will not happen this time, no. Respectively. Having nuggets in BTC equivalent, it is not worth doing anything. Those who have just planned their purchases should wait: within a couple of weeks the drain should occur. Moreover, already at the bottom of this failure, you can search for options. However, this is definitely not the case the next couple of days. It remains only to wait.

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ATTENTION! This article cannot be considered as investment advice! Always remember that investments in cryptocurrencies are associated with increased risk and any investment should be approached very carefully. Just pay your attention that the responsibility for making a decision lies only with you. Please consider all these risks when evaluating cryptocurrency-related investments. Invest in cryptocurrency only the money that you can afford to lose.

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