Quote from: erichall on June 04, 2018, 05:02:53 AM

Quote from: salman21 on May 06, 2018, 04:55:36 PM

Looking at the chart, it seems like the price could accelerate gains above the $10,000 level. Above this last, the next stop for buyers could be $10,800 and $11,000 in the near term.

Bitcoin price is trading with a positive bias and it currently placed nicely above $9,500 against the US Dollar.

There is a major bullish trend line forming with support at $9,600 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).

The pair remains in an uptrend and it may well break the $10,000 level and settle above it.

Bitcoin price is gaining momentum above $9,500 against the US Dollar. BTC/USD is likely to accelerate higher above the $10,000 and $10,500 levels in the near term.

In the coming days, Well see some nicely placed prices in the chart.

Looks like the 9-10k mark is definitely a major resistance area for bitcoin. But once it breaks that resistance, we might see another bullish run up and past 20k not too long after.

After it broke that resistance, I think we will see 20k mark is a new resistance area. And after passing this milestone, the future of bitcoin is infinite.