Bitcoin Soars *(Again)*

in #bitcoin7 years ago (edited)

Price has Memory

Blowing thru the $14,200 resistance on strong volume, will bitcoin continue to rally to $15,500 this week, in a couple of days or before my feet hit the floor tomorrow morning? With the speed that these coins are changing, this quick observation will quite likely be outdated before I get a chance to post it.

On the weekly chart, this comeback is only a small blip on bitcoins path to a million apiece.
btcweekly.jpg

...But on the hourly chart, it's looking quite bullish.
btchourly.jpghourly

I have a feeling it's safe to say goodbye to the hopes of buying bitcoin at, under or near $10,000 a piece ever again.
coden.jpg
Code’n be golden

disclaimer: These are merely musings from an armchair quarterback. All information is speculation on my part and not to be taken as sound financial advice.

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Blessings and prosperity to all!

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