Quote from: kumiskura on November 08, 2018, 12:28:02 PM

Quote from: tdrinker on November 08, 2018, 12:08:36 PM

Bitcoin still needs to break through some resistance before we can even consider a strong bullish momentum. If the price can break through the high 6000s resistance then that could be the signal for the bulls to start taking control. I'm both optimistic and skeptical at the same time currently when considering what will happen in the coming weeks/months.

there will be no resistance if we can get something similiar to CME listing in the future or basically it is totally impossible for us breaking those levels without news or shills from somewhere or someone. right now we are waiting or some peoples are waiting for Bitcoin ETF and it got delayed again for who knows how long it will be.
because of that, we could see the market turned into fear,hesitation and bearish. that is why we need shills or news to start the run, and simply breaking those level won't change the trend.

Well, I guess it's a chicken or egg debate then. If we won't break those levels till there's some positive news (I agree) then saying we need to break that resistance to grow is just the same as saying we need some significant positive news before we can grow