Post
Topic
Board Speculation
Re: The Darkness Is Gradually Disappearing and Dawn Is Coming
by
wuvdoll
on 02/06/2018, 15:08:33 UTC
Darkness still hovers around as the bears are still not far from the field as it is and for the fact that we can see some possibility of some uptrend right now, I am not so certain yet, that we are so out of it unless we are able to break out from some psychological barriers above us. We may be having a short term reversal soon or not, but time will tell and like I said and also as you have mentioned, nothing is absolutely guaranteed yet except to just see how events unfold at the end.

If bitcoin will be able to reach $7,800 we can take a deep breathe and sigh on it. But if it stays long on $7,400, $7,000 is on it's way.
$7800 should not be a problem in a short while as there is going to be a possibility of that in this month if the market does not fall below the trend support around $6800. The main thing, I am looking forward to is the top of the channel we are in and probably that should be falling around $8800 or thereabout and a break above, that should bring about the possibility of $10k and that is where we need to know where we are going next before declaring if the darkness is over or not.