Bitcoin looks above $10K, may resistance await ?
Yes, the bitcoin has met resistance when back to $10000, but I think it will not hinder the bitcoin of 10000 so far a long time, it will top $10000 soon, quickly back to $12000, let's hope for the recovery of the bitcoin
Its already recovered from the bottom already. What we are seeing is that it could trigger another bull run in the coming days. As I have said in the previous thread, $10,000 is critical if this can be broken and sustainable we may see bitcoin never looking back at the 4 digits ($xxxx) for a long time. Let's continue to observed how the price will go from here. I'm seeing some resistance but not that heavy though.
Bitcoin is now above at $10k and I think it will reach $12k for this week as a speculation this will take slowly like it did today. After it reach $12k it might fall down again in a bit but still bitcoin will recover again as we see in the past few week. Always look for a brighter side that bitcoin will rise again this year.
If $10,000 could be broken and sustainable, then $12,000 will be the next target. But its too early to say that we can touch it this weekend. I would rather see bitcoin making a steady gains, compare to a sudden price surge which will result to a sudden plunges next. Though this is really a good sign that we are out of the woods now.