BTC/USD
Just as I expected, we went over the previous resistance lines. But are we moving up to $10,000. What are we looking for next?
Two important resistance levels at $9200 and $10,000 that define the future market direction.
If BTC won't go over $10,000 price zone then we can expect a return to $7900-$8200 values. If BTC does go over $10,000 it is safe to assume that market is slowly getting back on track.
News environment is getting more positive, the latest news we are getting is more and more bullish, the senate hearing was also positive in the fact that they are in favour of supporting distributed ledger/blockchain tech in general, good news ahead folks hang in there it will be a bumpy ride to $20,000 again.
I'm expecting one more major dip before everything returns to "normal."
Hi maraki, thanks for commenting, yes I agree mate and would expect another pullback also, nowhere near as bad as what we had though.