Going directly to that level, then it might be a pullback. If there is a pullback before we get the $11K range, then it will likely just be part of a trend pushing things higher and could test the $14K level.
Well, closing above the $11500 level would mean breaking the two and a half years long descending trend line. We need some serious momentum to do this.
I think it depends upon how it gets there.
Going directly to that level, then it might be a pullback. If there is a pullback before we get the $11K range, then it will likely just be part of a trend pushing things higher and could test the $14K level.
Posted Using LeoFinance
Well, closing above the $11500 level would mean breaking the two and a half years long descending trend line. We need some serious momentum to do this.
I agree with that sentiment. It will have to be very powerful.
That is why we could see a pullback a bit to try and build momentum.
Posted Using LeoFinance