Post
Topic
Board Trading Discussion
Re: Bitcoin Price Crossed $11,000: Is it Really a Bubble?
by
13abyknight
on 04/12/2017, 13:56:30 UTC
Today, the Bitcoin is trading above $11,000 up 13.6% and has moved by $1307.06 in the single day with a total volume of $1.57B. Though Bitcoin is showing the bullish signals on the charts some of the parameters suggests that Bitcoin got overbought. It’s necessary for the BTCUSD to form a strong support and resistance level.

Is it really a bubble?

https://coincrump.com/bitcoin-price-crossed-11000/

We've been here from around the $5k mark when most of the wall street ballers began calling Bitcoin out to be a bubble and today we're at over double that number and did you expect the accusations to stop?
Believers will continue to hold while those who couldn't jump aboard will continue throwing more stones in an attempt to sway the holders. Bubble or not, they're just mad and jealous looking at middle class investors joining the millionaire list and surpass them.