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RE: BTC - 2 major resistance lines broken - Objective 9750$

in #bitcoin7 years ago

I'm not that bullish on BTC yet.

We're still not out of the dangerous area:

  • This high is still lower tham the previous high
  • The price hasn't broke the 200d MA
  • Other indicators (sech as the MACD and the Directional system) are still bearish (even though less than previously, I admit it)
  • Many people are going to take some profits now

If we, by the end of the week, reduce this list to at least to points, I'm pretty sure we might just have a possible 11.5k situation in our hands.

Massive profits to you to and remember: you can make money in both directions!

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With your opinion@retaliator; the analisis made for cryptopassion is real optimist from now on; I think will will need short time.
Waiting all together get profit.

I think - that we will be more bullish on 4.5-5k USD area - and now we may see - pump and dump scheme on BTC. (wedge)

Some altcoins react - nice on some technical lvl. So this give me tip - and dip and alts - would be soon.