Most likely the only two possibilities for Bitcoin
We have witnessed a crazy downtrend in the past days for Bitcoin. In my opinion these are only two possibilities for BTC.
1. It will breakout of the downtrend resistance, this would lead to a new bullish trend. I see this happening, looking at the developments today regarding acceptance and investigation of the possibilities of blockchain technology.
2. Too much resistance, continuation of a bearish market towards $5000-$6000?
What do you guys think?
1. It will breakout of the downtrend resistance, this would lead to a new bullish trend. I see this happening, looking at the developments today regarding acceptance and investigation of the possibilities of blockchain technology.
2. Too much resistance, continuation of a bearish market towards $5000-$6000?
What do you guys think?
Commento:
Looks like we are close to a breakout.