BTC - A resistance line is blocking us

in #bitcoin6 years ago (edited)

Hello all,

Here is a little update about the BTC.

The BTC is currently blocked on a resistance line since several hours :

BTCUSD.jpg

It is possible that we continue to test that resistance line but if we are not able to break it in the coming hours, I really think we will have a correction to go back under $8.000.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

Version française ici : [FR] BTC - Une ligne de résistance nous bloque

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If it does Drop a bit I'm going to make sure to keep picking up more. MOON IS NEAR

Good post. keep it up.

Is that a Bitfinex chart in your post?

I’ve been looking for a charting site with more functionality.

I'm ready to buy in the dip.

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A resistance line is always good and Bitcoin cannot increase 5% a day ;). Now we see the headlines for the next target at 10k before the end the year!

I really wish we don't go under $8,000 again. I'm even looking at $10,000. Thanks for the update. @greatness96

I think there is some uncertainty in the market lately. With all the bitfinex/tether drama and while CME is certainly a great new, it gives the possibility to short the market for the first time, so if an institutional investor bets on the “bubble” popping could easily lead to a huge drop as people lose faith. As Antonopoulos said, another bitcoin bubble could eventually burst...but even Amazon and Apple stocks were in a bubble in the early 2000, look at them now.

me gusta el contenido muy instructivo sigue asi

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