Post
Topic
Board Trading Discussion
Re: Next resistance at 9.7k. What are your thoughts on May movement?
by
Pursuer
on 29/04/2018, 10:23:04 UTC
the discussions about this being a bull "trap" ended days ago as soon as price showed a huge buy support and a very solid rise behind it. this is considered as the starting point of the bull run now.

I agree with the rest of the things you said except that I think we may see a bigger rise after the $10k resistance was broken because of some short term FOMO buying that can take place after that.
regarding altcoins I am currently staying away because bitcoin is rising and it can cause a lot of instability among altcoins and I don't want to lose money.