[ Bitcoin ] Great Bull run then the pull back for consolidation
Bitcoin had a great run in the last 12 days so a pull back was over due and normal for Bitcoin. This should be a good opportunity to buy.
We had a run to $9379 and then the pull back to $9230 on Bitstamp. Currently Bitcoin is trading at about $9441. This pull back will form a higher low which is good for the charts and bull run as this will be the new support. So that is $9230.
Here is Dan from the Chart Guys predicting a correction. So, this video was made before the pullback he predicted:
We almost hit $10k yesterday. How long until we do? Please comment below with your prediction for when we will see $10k breakthrough?
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I predict we will shoot past $10k in the week. This is a perfect buying opportunity. I think. :)
You don't think we will see one more waves down before a continuation of this Bull run?
I hope not, but if there is another leg down, where is support?
I think the previous low of $7880 will be support and if that fails about $6800, but I don;t think we will go down like that. :)
Great news thank you
Thank you for your comments @oetek10
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