Post
Topic
Board Speculation
Re: The decline has slowed down, the bears are still dominant
by
TravelMug
on 21/02/2019, 15:53:15 UTC
Bitcoin is nearing to a very important resistance level if we manage to breakthrough this key resistance line then and then we will see a bullish momentum take effect and rally all the way to the top but the volume stop at $3900 i think the bulls are exhausted so we might see another drop any day now or week.

Right, actually we did broke the $4k resistance already, but it seems it doesn't hold. lol.

So I would not this a bull run, not yet because those price resistance seems to be a big wall in front of us. We have attempted in several time this week already, but again its a big barrier, so I would say that the bear still has control over the market up to this point.