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RE: Bitcoin Breaks $10,000 (Again), what's next?

in #bitcoin7 years ago

The 10k level will be a huge psychological level for the foreseeable future: it's a big round number and just about every investor/trader is looking at the price-action around that level.

If we manage to float over $10k over the next 24-48h, 10k will be perceived as support!

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Yes agreed! I think a lot of money has been parked at the sidelines waiting to see if this is just another bulltrap, hopefully we will start to see volumes picking up.

Then the media will jump on it, and it’s December all over again.