Bitcoin took a pounding today, how long will 6.5k hold? Or will we break resistance?

in #cannabis7 years ago

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almost gone :(

We've been watching Bitcoin get pounded all day long here. Even with this most recent big pop up to 6.8k to retest resistance is too much tightening near the bottom for my taste. 6.5k is a really strong level, if we go below it, which it seems like we will, it's not going to be good. I would expect the next stop to be around 5k. I believe everyone is overestimating the recovery, and everyone who's pronouncing it dead is out of their mind.

I've heard George Soros is going to start getting into Bitcoin and crypto, which makes me think they've been in it. So if the big boys are at the party, rest assured, they will pump it back up like you wouldn't believe.

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Take another hit like BTC and chill. It will comeback like a flashback.

I dont think so, but it'll come back.

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