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RE: Bitcoin appears to be Flagging
My guts still say we're heading to 4400 USD. Short-term average is now a lot lower than long-term average which means the recent corrections were not enough and we will see more drastic change.
I am not sure if we get there on this surge or not, however I do think within this year we eventually challenge that $6k number.
It's already above 3900 USD, so getting to 4400 USD isn't so unlikely... Everything I see suggests the climb continues...
Minor resistance at $4k. Heavier at $5k. Super heavy at $6k.
Minor resistance is just a good thing, it means it won't so easily fall back... Some crazy exchanges are selling BTC already at 4379 USD which means people buy from one exchange and sell on another...
Which exchanges?
BiteBTC is the one I'm following, because people think it's scam exchange, but withdrawals do work.