Post
Topic
Board Speculation
Re: BTC is recovering?
by
Baofeng
on 10/02/2018, 12:40:59 UTC
As reflected on bitcoin's graph today, it is clearly noticeable that bitcoin is pushing up its market capitalization and price. Not only bitcoin is recovering but alternate cryptocurrencies too. How i wish i have invested in bitcoin when its market price goes down.

It's safe to say that Bitcoin is trying to recover. But, we are still not out of the woods unless the $10k resistance has been pierced with good volume.

We are having a hard time piercing the $9K barrier as of the moment, I'm expecting by this time it should have been broken unfortunately, its not the case. It looks like its another psychological barrier, I don't know why investors are still skeptics, we have recovered already, we just need another push. If tomorrow the $9K is not broken, then I think its gonna be a tug of war once again, the bears is still at it again. I hope though that we can make the final push to $9 and with huge volume as you have said to be really safe and out of the woods.