Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 24/05/2019, 01:16:44 UTC
$8,391 local top from merely a week ago.


This is the complete destruction of bears!
If we ever close above 8350

I suppose you are talking about daily close.

I don't buy it.  I don't buy that specific numbers either cause bullish or bearish to become inevitable.   

We already have had decent upwards price movement, so there would be nothing wrong with another correction, .. sideways here for a few days is o.k. too. 

I just cannot conclude any direction as being even close to guaranteed, even though we continue to experience what appears to be decent ongoing good buy support, even at these price levels in a $7,600 to $8,200 arena.