Bitcoin Price Analysis: Picking Up the Pieces
.....Fortunately, $6,300 – $6,200 have held and a dip below $6,000 seems less likely as the Stoch is already deeply oversold and a corrective rally to $6,650 could occur.
Good little article putting the state of the crypto market in perspective. It's been a terrible couple days, but what's important to me is holding above the $6000 level. I'm still bullish long term, but have to admit that I'd be second guessing myself if bitcoin goes back into the $5000s. Look at steem, $.83, wasn't the high over $8, makes you think twice....
Read the full story here...
https://bitcoinist.com/bitcoin-price-analysis-picking-pieces/
Bitcoin around $6475 right now, looks like it's going to be quiet for the near term...
People can not handle all the bad news going on and on, so indeed they will wait until the storm is over, normally November.
Well at least November isn't that far away....