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RE: BTC - We may finally be breaking the down trend

in #bitcoin6 years ago

Nice one. I agree with you. I will add that there are institutions accumulation of bitcoin. Whales buying small purchases. So we must be very careful. But 7000$ is a safe bet. I believe 9000$ price in the short term.
Im a daily blogger in steemit too. Thanks

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$8,500 is going to be a tough crack in the short term, but with news or time we can certainly bust through it.

yes, but I think it will hit 9k and go quickly down just to liquidate short positions.

That could certainly happen with the number of shorts on margin currently.