BTC - Still sitting on our resistance line

in #bitcoin6 years ago

Hello all,

Here was the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

I don't like this kind of sitting because most of the time, it shows that we are not powerfull enough to take again distance from that resistance line. So yeah, the most it will last, the more I will become pessimist and wait a drop. Let's see what the next hours will give us but we really need to take distance from this line if we want continue the little bounce.

I wish you massive profits,
Cryptopassion.io

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I'm waiting with bated breath to see if we can pass this resistance, but to be honest, I'm a bit skeptical. We keep testing the same supports continuously over the past weeks/months and the momentum just hasn't been there.

At least if we do have to stomach an even more extended bear market (into 2019?) we have learned how to get through it: grit our teeth, keep educating ourselves, and accumulate before the bulls come out with great intensity!

Thanks for the charts, friend.

eagerly waiting
Would be wonderful if it goes up to $ 8500 in few weeks though the in favour of etf is unlikely

Hard to know which way we go, thanks for sharing

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