Bitcoin is showing signs of life, but only a break above key resistance at $6,675 would confirm a bullish reversal, technical charts indicate.
This article is full of short term trading targets that are important for technical analysis, the first being the $6675 target. I'm not a huge believe in technical analysis but there's enough people out there that do to make it important to monitor. The article goes on to say that the next target, a bigger target, is the $6924 price which is the 50 day moving average. Well, it gives us some prices to monitor to make the waiting more exciting anyway....
Read the full article here...
https://www.coindesk.com/6-6k-bitcoin-price-eyes-new-target-for-bull-reversal/
Bitcoin around $6350 right now, let's see, only $300 away from first target....
When $10,000? When moon? I seriously miss the days of $10,000 and above. $6,000 range has almost become the new 2018 price norm for bitcoin.
Lol, I hadn't heard the 'moon' term in a long time.
Cool, thanks.