BTCUSD finished the day higher again yesterday and is currently sitting just shy of the all time highs at 5920. The reaction at that level on Friday was just plain nasty, so be careful folks. Warnings aside, chart is looking very bullish and would not be at all surprised if we hit new record highs in the next couple of hours:
On a break above 5920, we'd have significant psychological resistance at 6000, followed by measured targets at 6124 (equal legs) and 6200 (161.8 extension). Pair remains bullish above yesterday's low of 5600, with a break below there signalling further consolidation.
If we manage to break 6124 to the next measured target I had was just shy of 7000. See what happens.
Congrats to everyone who kept a cool head on Friday, was one of the craziest days I've ever traded ... I tried to scalp it and got fucked for 100 points on 2 coins, up about 700 points on 1.5 now so no biggie XD
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I like it @bulleth the Bitcoin is looking good and glad to see you got more even if you did get fucked without getting kissed..................
Hey folks. Just think for a minute how funny (and foolish) all your comments will look, when they are read in year 2020. As i can see mine and many other coments in a forum we wrote about Bitcoin back in 2013.
Are we all so limited in understanding something new???
All the time , again and again I see same stupid crap
" it can not happen because it has never happen before"
just stop & think about this
Finally, let me repeat one simple truth:
Governments (& central banks, & FIAT) are DOOMED.It is just matter of TIME.
It could grow more and more next week. People are waiting for Hard Fork...
Great observation! Some people do not see Litcoin advancing in the shadow of Bitcoin.
I almost bought some at 50 not long ago, then it started the trend it's on now, wish I would have pulled the trigger!
I am wondering what will happen through this next week. I am wondering what the impact of the next hard fork can be.
Yeah will be interesting, I don't think this fork is too important ... all eyes on November
If I was playing this fork, once the dust settled I'd be selling the BTG not the BTC
What are your thoughts on 6k? Do you think it will hit 6k and stay there soon?
I need to enhanced more.
That is so amazing. I am very grateful for that! Love it.
It feels good, no doubt. I had put money in Litecoin and was upset. Smiling now!