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RE: Bitcoin May Have Found A Bottom...The Bottom Of Credit Suisse

in #bitcoin7 years ago

I too would have been a buyer at $6,000 if I had any extra fiat to put in. I wonder if we'll see another pullback to test that $6,000 support level - that's certainly a possibility, but things are looking pretty strong right now. $10k could be quite resistant though - we'll see.

I don't think there was any correlation between the losses in equities and the losses in crypto. The latter began several days before the equity rout, which was actually kicked off last Friday by the release of the NFP report showing higher than expected wage growth.

Anyway, good to see things moving higher for crypto today. Could be a bad day to be in stocks though, at least in the U.S. - U.S. futures are showing a drop at the open.