Look at CCN.com's main articles headlines (or scroll down a bit in case it was replaced by newer articles), you'll see why (mostly, "World’s First Bank-Owned Cryptocurrency Exchange Launches Publicly in Japan"). Plus Korea's new policy regarding exchanges, and so on, and so on... accumulation of GREAT news.
I think that there's been too much talk around this resistance at $6800. Everyone was expecting a breakout to buy and join the strong up-movement.
Let's see if this short-term trend will be sustained in the next days.
I’ve tried to find an explanation but failed....
Yeah, and we knew it days before there were some good news...
I was hoping the Black Rock rumours turned true today. Nothing like new trillions to flow into this space - hopefully that happens yet
It could be just plain manipulation.
I read that a bunch of shorts got squeezed at the same time today...tomorrow will be interesting nonetheless.
Indeed news typically follows/justifies the TA... in this case I am still missing the news... sorry...
Look at CCN.com's main articles headlines (or scroll down a bit in case it was replaced by newer articles), you'll see why (mostly, "World’s First Bank-Owned Cryptocurrency Exchange Launches Publicly in Japan"). Plus Korea's new policy regarding exchanges, and so on, and so on... accumulation of GREAT news.
dang, thanks...was hoping that black rocks rumor turned out to be true today. thanks again
I think that there's been too much talk around this resistance at $6800. Everyone was expecting a breakout to buy and join the strong up-movement.
Let's see if this short-term trend will be sustained in the next days.
makes sense, and agreed to wait and see...hate to overreact today