[ Trading ] Bitcoin bear break, but Bulls pull it back

Last night we saw a break to the down side and we touched $6252 on Bitstamp. This is not what I wanted to see. I bear break below $6300. But then we saw a nice bounce to $6472, but we still cannot break $6600.

The Bulls will have to wait a bit longer now until all the bulls show up and push above $6600.

Will $6252 be the lower high? If not, we are going to test $6000 again. ☹

Here is Dan from the Chart Guys with his views.

Do you think we will go higher or lower from here?

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Colin Brazendale

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More information about me:

I love Steemit and I have been blogging here since June 2017. I am always looking for ways to increase my Steem and SDB holding. Lately I have started trading bitcoin and altcoin using an auto trading robot.

Most of my time is spend on internet marketing for my clients on Google Adwords, but I also love network marketing on the internet.

I have been cloud mining for the last 2 years, but stopped promoting it due to the low returns from Jan 2018.

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