Re: Bitcoin hunting for $10k, will we make it?

You dont have to base your happiness on any article. Otherwise you would continually be tossed around by writers bias. As for $10,000 level, btc will have to surpass that strong resistance around $9,300 before we can think $10,000 a reality within a few days.

That is the fact and we are living in a world where there are opinions according to the market situation, if the market is going down, the same site will come up with articles which supports the negative trend and when the market recovers in the next instant, another list of articles will appear that would support the cause, so i do not follow these news usually but the market is getting stronger and hopefully we will touch $10k.

Yes, predictions based on technical analysis constantly fail. I also believe that with the current trend it is more likely that we will surpass $10,000 again but nobody has like an algorithm to establish that. If someone had it, he wouldn’t be writing articles.

they sometimes fail not always. in fact Technical Analysis is a good tool for trading even in bitcoin. you can never fully rely on it but if you have it in your skills and read the charts with it, TA can give you a much better idea of what you are doing in the market while trading.

with that said I am also speculating that there is a good chance we will see $10k+ pretty soon and then from there we may start seeing some slower rises and go back to normal bitcoin like it has always been.