Quote from: Yaunfitda on August 16, 2018, 07:59:05 PM

And it looks like the trading would be around $6K-$6.5 and the big mental barrier is $7K. I like what I'm seeing though, we might be seeing another sideways for a few days, and probably consolidating in order to get to the new phase, which is $7K. Might be a bull trap again? Cry

Remains to be seen.

I think that 7k is not a big psychological barrier for bitcoin investors. Bitcoin price can easily cross that level may be in next 24 hours. I think that the big barrier for bitcoin price is 10k which I think can cross but after entering some good news in the market.