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RE: Bitcoin Seems To Be Unstopable These Days!

in #cryptocurrency6 years ago (edited)

Still waiting to see if this is just a relief rally, after a long decline...What worries me, and what indicates that this is a relief rally, is that the alts already have capitulated, and beginning to go down again...But who knows??
If Bitcoin is to test 10K again, if could be the start of a bull trend...otherwise it won't go that high...right now technnicals are pointing in all kinds of directions...Only advice is to sit on your hands for a while...too risky to take a gamble at this point...We need a lot more volume before I would dare to buy👍

According to @cryptopassion there is a major resistance line around $7650, let's see what happens if that is taken out....in the meantime, let's enjoy the consolidation

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