Bitcoin headed towards 10K?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTC has broken out from the RSI resistance and made a significant run up towards 10K USD breaking all types downtrend. This pump couldn't sustain itsself and it corrected when it tried to inch towards 10K with traders taking profits. This correction has been very significant, with bitcoin dropping over 1000$ in one day. This correction was needed but it was sharp decline, so i think with all indicators considered a final bulltrap will be set towards the 10K mark before going down and shifting market sentiment clearly bearish . If we are looking for reversal, it will be slow and steady and not a 50% pump in 15 days that saturates the market.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out