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RE: Bitcoin 6495 attempts (AGAIN) to mount a rally off support. Can it amount to 'anything'? And the metals! A major short squeeze in the making, as well as our DOW-JONES commentary.

in #cryptocurrency6 years ago

I think cryptocurrencies will begin to trade more uncorralated to each other towards the end of the years as winners and losers are distinguished. Bitcoin has held its price due being seen as the benchmark and should help over time. However, I think that the more times $6,000 is tested, the higher the probability that it will fail and go lower.

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You may well be right..my concern? this last test was met with "little pessimism"..not good. and thanks as always.