Quote from: Whaleagent on August 05, 2019, 09:31:17 PM

The bitcoin bulls have done it again with a huge bull break above the $11000 level, the $11085 daily resistance and the falling wedge on the weekly chart. This is a huge achievement for the bulls and although the volume isnt too great, it doesnt really matter at this point. The price is no way above the daily EMAs which have crossed bullish.

This price increase really was incredible, but it is not easy to overcome the support it has at $12000. several times whenever the price is above $12000 it does not take long for it to fall below $12000

Quote from: SquallLeonhart on August 09, 2019, 10:21:35 AM

For long term holder, I think we should just forget about monitoring the market for now, or else we will give ourselves unnecessary tension, our goal is to reach ATH and when the time comes, it will be clearly known to us.

The problem with failing to monitor price is that on the day the person decides to see the price, he may be most disappointed. Imagine someone who bought BTC when the price was $19000 and has stopped monitoring the price and today that person decides to see the price and finds that the price is at $11700, that person will realize that he is with high losses. I believe the ideal is to monitor the price constantly and follow the news constantly