Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
rumpey
on 19/06/2016, 16:21:31 UTC
Good morning Bitcoinland.

Still digesting yesterday's shot up to $789 but creeping up from the $750 sideways line. At least today's candle is green now.




We breezed past $680 in a couple of days but $780 is starting to look as sticky as $580 was. That lasted a week.


If it continued shooting up without a sideways period it wouldn't be sustainable. There are steps all the way up to here on the charts, and I hope we are on the sideways part of another step up. New fiat from the banks could push the price up another step next week.