Post
Topic
Board Speculation
Re: BTC Struggling to Reach Over 9K
by
gabbie2010
on 23/04/2018, 22:26:00 UTC
https://www.coindesk.com/bitcoin-struggles-above-9k-as-bull-breakout-stalls/

It seems as though the bull market everyone is hoping for and expecting is on pause at the moment. BTC has hit a point where every time it touches 9k, many sell orders go through and push it back down just below this mark. There will be a time when buys will overtake these momentary road blocks. Until then its just a waiting game.

Good Luck Traders,
The Elysian Team
This shows that probably the resistance at $9K is very strong a pointer to that effect is that whenever the price enters that zone it retraces and again the same scenario repeat itself I am very optimistic that a positive fundamental news will break the resistance an possibly push up the price.