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RE: BTC - As expected, we have a pull back due to the resistance line

in #bitcoin6 years ago

Good call yesterday. I'm now following. I like to see some good TA.

On the fundamentals though, this might be a bit more than just about some resistance. Bitcoin's adoption rate has been dropping since late December 2017. If that does not recover there is almost no way the recovery can be sustained. I described in detail where things are based on the fundamentals here and would appreciate your thoughts as well.
https://steemit.com/bitcoin/@kenraphael/bitcoins-have-not-yet-fundamentally-recovered-at-this-time-a-mathematical-case
Your comments will be appreciated as well, if you can.

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