[ Bitcoin ] Bitcoin is still going up, but the tension is building

in #bitcoin7 years ago

Bitcoin is continuing to make new highs even though many say we are at or close to a top. The bulls are still buying the dips, but we are moving more sideways and the dips seem to be stronger than every small bull run that follows.

There are a couple of guys thinking 13000 is key, but Bitcoin as surprised then all so far. Will we see a correction? I would like to see one before we take the next big leg up.

I had a look at a couple of videos to get the guru’s view and I think these 2 below are the best.

Here are The Chart Guys:

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Here is Tone Vays

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Thank you for your support.

Regards

Colin Brazendale

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I suppose the upward pressure on price is somewhat analogous to a feeding frenzy or as former Head Chief Alan Greenspan put it, a case of "irrational exuberance".

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