This is for everyone asking me what I think BTC is going to do next...
$1,000 is strong resistance because there are a lot of "bag
holders" (people who wish they could sell at high prices).
I think it's going to take another big news piece to break
through $1,000 again, so I don't see a clear play right now.
I'll wait for more consolidation and pay close attention
to what happens over the next day or two.
$1,000 is strong resistance because there are a lot of "bag
holders" (people who wish they could sell at high prices).
I think it's going to take another big news piece to break
through $1,000 again, so I don't see a clear play right now.
I'll wait for more consolidation and pay close attention
to what happens over the next day or two.