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RE: BTC - Correction should take place now

in #fr • 7 years ago

I think small correction is necessary for further up move. After breaking 5000 resistance it has shown very strong uptrend. Now 5000 is the strong support for bitcoin.

7 years ago in #fr by
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     7 years ago 

    The small correction IS needed, it has to go down to find support, and gain momentum. Like @cryptopassion wrote, it broke out of the triangle, and furthermore it did this under heavily declining volume. Bitcoin could be interesting as soon as it gains momentum.
    Secondly, it seems like the bitcoin profits went into Litecoin...

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