Bitcoin Price Rebounds After Tax season
On Saturday, the Bitcoin price again reached the 9000 U.S. dollars mark. Tom Lee, the major analyst of Fundstar Global Advisors, was not surprised by this fact. In his opinion, the negative impact on Bitcoin price was caused by the U.S tax season.
Read the full article here: https://www.xmlgold.eu/en/news/article/664/Bitcoin-price-review/
But after 4 days of resistance today drops lower than $9,000 again and denial begins to take over..On Saturday, the Bitcoin price again reached the 9000 U.S. dollars mark. Tom Lee, the major analyst of Fundstar Global Advisors, was not surprised by this fact. In his opinion, the negative impact on Bitcoin price was caused by the U.S tax season.
Read the full article here: https://www.xmlgold.eu/en/news/article/664/Bitcoin-price-review/
I am waiting for this GREAT ANALYSTS to make good explanation about this preview.
Is this another pump and dump strategies of the whales?or is there another issue that comes out
There has not been 4 days of resistance, it was about half a day at best, the price approached 10k and then a lot of people took profits, then some panic set in and we saw the 10-15% fall. We reached some support and now the price will start climbing again. Probably 10k won't be broken on the 2nd time round, normally it's the 3rd time of asking.