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RE: Bitcoin At A Critical Level !
Some pullbacks can occur. I think that Bitcoin found his equilibrium price and levels in range from $5k to $6k or $7k will persist until some major technology breakthrough will take traction. I bet on EOS and lightening network on Bitcoin blockchain will also deliver some bust. LT is beta already and some real applications will emerge in the next months.
I kind of feels like this. I am not sure for how long people will be happy to pay the 6-7k per btc, if the price is stagnant. All the people who are in for the quick buck will eventually sell their losition because it is not going up. Interesting. I think that we are headed for below 6k.