Right now bitcoin seems to be doing well. As you mentioned, BTC is facing some resistance at $9k which is perfectly normal since round numbers usualy serve as a psychological barrier, and this was the point of rejection we had on the last attempt to change the bear trend.
On the 13-03 bitcoin hit a low of $7.3K and then tried to change the trend and even got 3 green days in a row, with nice gains, but it got rejected at $9k all the way to $6k. So a move above $9k is very important in my opinion. If we get rejected again, I'm afraid we will probably enter another big decline. No reason for that to happen though, so let's stay positive.
Topic: BTC Holding Strong - page 5. (Read 1369 times)
I think that BTC Holding Strong. Because BTC strengthens people in terms of money. BTC market is temporary. Sometimes it increase and sometimes it decreases again. So when it's low in price it is better to buy it. When it's price increases, it is better to sell. From the beginning it is seen that the price is increasing gradually. So, if BTC Holding, people will be strengthened by money.
I'm not that confident as you are. I don't think the price of bitcoin will keep the pace on. I think Bitcoin might going to be a stable currency. I know the time hasn't come yet but still I don't think the price or value of the BTC will keep rising like this week. The pace might keep heading up for a month or two, then again it will fall. I'm pretty sure this is what is gonna happen.
The Titanic is holding strong on the bottom of the sea floor and you have to remember that Tulips
had up and down days until, well until they didn't anymore.
The jigs up my friend, Miners with $55 per transaction fees killed it, fertilizer (SHIT) needed to
grow tulips become worth it's weight in gold towards the end you know.
had up and down days until, well until they didn't anymore.
The jigs up my friend, Miners with $55 per transaction fees killed it, fertilizer (SHIT) needed to
grow tulips become worth it's weight in gold towards the end you know.
https://www.forbes.com/sites/chuckjones/2018/04/22/bitcoin-continues-rebounding-after-april-17-tax-day/
It seems as though Bitcoin has remained at the heels of 9k even through all the doubt surrounding it. There is a lot of resistance currently at 9k as many have their sell orders set at this point. Bitcoin ha actually touched 9k for a short period of time before the sell orders brought it back down. As long as it keeps this pace there should be no doubt that a bull market is in the near future.
Good Luck Traders,
The Elysian Team
It seems as though Bitcoin has remained at the heels of 9k even through all the doubt surrounding it. There is a lot of resistance currently at 9k as many have their sell orders set at this point. Bitcoin ha actually touched 9k for a short period of time before the sell orders brought it back down. As long as it keeps this pace there should be no doubt that a bull market is in the near future.
Good Luck Traders,
The Elysian Team
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