Bitcoin continuation
Good pump with low volume today.
Why did it bounce? Could it be EOS-related speculation?
Bitcoin is forming an ascending channel pattern which likely leads to more drops.
50W SMA remains a resistance.
I still think 2.5k is a likely target eventually (with bull runs in between).
Of course, a big pump with volume could drive the market early into bull mode, but I think 8.5k could be the maximum in that unlikely case.
Why did it bounce? Could it be EOS-related speculation?
Bitcoin is forming an ascending channel pattern which likely leads to more drops.
50W SMA remains a resistance.
I still think 2.5k is a likely target eventually (with bull runs in between).
Of course, a big pump with volume could drive the market early into bull mode, but I think 8.5k could be the maximum in that unlikely case.
Catatan
Was btfx hacked yesterday right before the pump?Catatan
reached the point on the chart. will it go down?Catatan
Catatan
dropping tomorrow?Catatan
Catatan
will it reach the 5.2k target or just miss it?Catatan
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