Quote from: crptotrader007 on October 12, 2017, 07:54:28 PM

Quote from: Wardtr on October 12, 2017, 05:24:46 PM

Time to invest? Bitcoin tops the $5,000 mark

Well to honest i would say that YOU HAVE MISSED IT , and you should Never Ever try to chase your entry , as it is not a good idea to take positions right now at the resistance which is against the thumb rule of investing, Never buy near the resistance. So it is better if you enter at new dips or wait for a pullback in the trend and then enter your trade with strict stop loss. Now breaking to new highs, $5000 will act as your new support, while your next target would move to $5500 to $6000.

My expectation is that bitcoin will hover around 5k for a while. In the past it always crossed all the important values at least 3 or 5 times.