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RE: Steem TA: No action at all for the next few months as traders test support line?

in #steem6 years ago

what do you think about the bitcoin right now is it a bull trap or we are really going high

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BTC could go sky-high, and I am absolutely not against that. The problem is if the enemies of crypto attack it and expose the fact that crypto can be attacked in the case of BTC...

Absent such an attack, I think bitcoin will at least try to take the 10000 resistance. If it fails like 2 months ago it will test the support at 6000 again. Fundamentally the market is still in its infancy.

In order to take out the 10000 resistance it should go above 10500.

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