Quote from: STT on October 12, 2018, 06:40:48 AM

Quote from: zazarb on October 08, 2018, 09:32:36 AM

Surprisingly, but lately Bitcoin price become stable around 6550$ and it's been almost a week now. That's why it's a good sign and the price will start after some time slowly rise.

Its broken out of a triangle down to support and then is rising from that support. I'm told 6600 is a good target for that bounce but overall I wanted a break upwards not this reset and rewind which overall is not gaining anything overall. Here is a chart showing that support line -

It will remain below $8k because there are no more high investments and when there are low demands from the people all over the world the price will never go up. It needs more and more investment then the price will go up. Therefore we all need to promote bitcoin in our local communities and also on different media platforms to increase the value of it instead of just asking questions.