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RE: Zero Resistance at 10K

in #bitcoin6 years ago

I won't be making any trades around the 10k level. After having been burned by unit bias before, I wouldn't be surprised to see a shake out before it rises again, something like a drop to 9650 to clean up the stop loss sells just under 10k. My short-term positions are to stop less sell at 9350 and rebuy at 9050, or wait until the pump is over and use 10k as one of my floors.

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Good luck! However, it looks like 10k might have already turned support?

It has cleaned up the stop-losses to $9,750 so far but where will it go from here? Exciting to watch and bullish overall even if it drops a bit.

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