Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
On the 1h we look to be entering a consolidation zone. I had thought this rise would coincide with the weekend but Bulls appear to be ready to test resistance at $9.3k.
As we step back and look at the 4h chart, testing $10k this weekend looks like a possibility. #dyor
@infofront Thanks man..the sarcasm aside, I am quite honored actually.
As we step back and look at the 4h chart, testing $10k this weekend looks like a possibility. #dyor
@infofront Thanks man..the sarcasm aside, I am quite honored actually.
About that second chart, don't you think that there could be one or two bigger rebounds before hitting the 10,5-11? I've seen a lot of people in TradeView saying that some big players could benefit from a dump to 8k to recharge their wallets and pump straight up to 14k.
I mean, today's correction was expected by most members I've managed to read through here in the forum (not the prices exactly, but several dudes were feeling uneasy about the ultra bullish uptrend that followed after the 8k break), wouldn't a similar feeling hit the market if we did manage to break 10k in a rush?