Post
Topic
Board Speculation
Re: BTC Holding Strong
by
Pursuer
on 29/09/2018, 08:04:15 UTC
https://www.forbes.com/sites/chuckjones/2018/04/22/bitcoin-continues-rebounding-after-april-17-tax-day/

It seems as though Bitcoin has remained at the heels of 9k even through all the doubt surrounding it. There is a lot of resistance currently at 9k as many have their sell orders set at this point. Bitcoin ha actually touched 9k for a short period of time before the sell orders brought it back down. As long as it keeps this pace there should be no doubt that a bull market is in the near future.

Good Luck Traders,
The Elysian Team


There is a lot of resistance currently at 9k and this is not nice, but on the other hand we should be happy , because we still have strong support at around 6k and this does not allow the price to fall down, but I think it's just a matter of time, when the price rise above 9k.
Bitcoin’s value has increased and improved a little from few days it is going up and I hope it will go higher would enable us to start selling for profit. Now the current price is equal to 6488 US dollar which came after improvement in value so many of the users will be in profit if they want to sell right now then they can surely sell. On the other hand, those who have bought for high market will get maximum returns.

those who wanted to sell for profit have either sold already or are waiting for a higher price such as above $8k or something like that to sell and make some profit. the rest of the market are currently only the day traders who are  constantly selling and buying within the same price range to make constant profit. these rises and falls you see are their doing so you can't really call it an "improvement"!