Post
Topic
Board Economics
Re: Bitcoin is back!
by
SimpleBitMaker
on 25/07/2018, 14:16:03 UTC
Yeah it's certainly on its way up! Hopefully it can keep going. I see it hit a bit of resistance at the $8500 level, which has some confluence between a few Fibonacci levels... right now I'm watching $8200 to see if it can hold the upward trend it's had going since Monday. If it keeps that line, it's next target looks like $9000.

Hard to tell where it'll be by the end of the year for sure. Forecasting of any kind is really difficult. Just take it one step at a time and watch the price action at each level as it continues to grow.