Saturday late than the down trend will be start and Sunday can be the day with the lowst buy option. i exect sunday
evening we will get a new up trend again!
Nice weekend!
BREAKOUT COMING OVER THE LINE 6836 ( bitfinex rate)!!
Prices are staying put for the moment. I don't think we'll see huge swings in price.
Even if prices do go over $7000 I don't even think that should be classified as a pump. It's a rebound from the support of $6500. But right now, I don't see that happening since it's been around 2 consecutive days now with bitcoin staying under $7000 with the sentiment being bearish. Chances are quite low.
But with the amount of shorters in the market at the moment, if we do have a sudden breakout in price to at least $8000 then there should be a pretty big short squeeze causing prices to go up even further. But both $7000 and $8000 resistance levels have proved to be quite strong at this time, so it's unlikely that this would happen within this week or even the month.