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RE: Ethereum Breaks Resistance Against Bitcoin 19th July 2017

in #ethereum7 years ago

BTC - will trade between 2300-2500 through the end of this week unless more good news about SegWit implementation comes out at which point it could break through 2500 and test 2750 again. The move down could test the 2100-2150 levels but I would see that as a huge opportunity to open up some long positions.

My morning thoughts below.

https://steemit.com/cryptocurrency/@ladimando/overnight-thoughts-and-entry-points-btc-eth-ltc

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Thanks. I still think Bitcoin wont go above $2,400.

Ever or this week?

Thanks for the clarification. That could be very true. Still within my perceived range.

I am happy to be wrong. Technically tomorrows price determines if it broke the line(Bitcoins resistance line).

If it settles under 2400 tomorrow I'd be quite surprised. Based on the volumes and price action.

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