Quote from: Supercrypt on May 28, 2019, 08:21:23 AM

I think this is the biggest threshold we have seen since months, we were unable to break the 4200 dollars for far too long and we do not want to see that again. If we can't break the 9 thousand dollar barrier and move to anything above 9500 dollars anytime soon it could be a bad news for us.

It could result with bitcoin either staying at the same price for far too long yet again just the same or it could be even worse and people may start to cash out their profits from the recent run and that will result with price going down a lot since when it goes down it creates a panic and everyone starts to sell. What we have to do right now is help the buying side by purchasing more bitcoin and if we have bitcoin then not selling it at all no matter what even if it goes down.

Biggest in 12 months I even read,,, but I do not really remember that this was the price last year in May. I think the major surprise was how some resistance levels get squeezed away with not even resistance, like 5k for example just disappeared.

I do not agree no 9k is bad news, however. In fact probably better for long term to stabilize and gather even more before moving on to 10k, because everything is super charged right now.