Bitcoin now heading into a very crucial area between 7500 and 5500. We should see some resistance, but it's up to how much buying there is. People need to buy it in order for it to push back up and I'm not sure enough people are behind the whole, save the world from evil banks and government move. (Nothing against those people). If it starts to break below 5000 it could drop significantly, and it would need to push back up to 10000 for me to want to buy. The big question is, do people want bitcoin and more importantly do they need bitcoin?
I'm not convinced it's yes.
I'm not convinced it's yes.