Bitcoin Bears too Heavy, or are Bulls Taking a Short Nap?

in #bitcoin7 years ago (edited)

As I suspected yesterday, it appears that sellers are stuck in the mud - with Bitcoin's price today forming a descending triangle.

Typically this could signal a dive as the triangle narrows. My feeling is that there could be a surge of buyers this weekend, driving the price up to the 18k or 19k mark, but for now it is wait and see.

@adamchase

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The Human comes to life encased in a shell of protection, but to grow we must crack and then finally break that shell, having faith that as we grow we will not need the protection we once felt safe inside.

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