Quote from: vendetta009 on January 06, 2020, 01:12:50 AM

Yea, i'm looking at the $7.6 to 7.8k resistance zone as well, if it breaks and hold, we might expect a bull run to i think 10k

Quote from: Wexlike on January 01, 2020, 06:24:02 PM

Quote from: TitanGEL on January 01, 2020, 09:12:48 AM

There is a price rejection around $7700 and in that area bitcoin having hard time to surpass it because of the selling pressure. The price of the bitcoin is still consolidating in the area between $6000-$7700. I'm waiting if the price will breakout or breakdown. If the price breakout then it is a good sign that the bearish market will en but if the price break down then it is a bad sign because the demand is decreasing.

The resistances zones are always a good catch to watch. To be honest, I would be very surprised if we revisit the low 6k$ again. So the more interesting target is the upper resistance band at around $7600-7800.

I was thinking that March is the breakthrough month for the market, I'm not analyzing based on the market past history but more so on the general sentiment of investors, some investors are late buyers and this happen two to three months before the halving, but I'm pleasantly surprise that we have a little pump ongoing, but I still doubt if this is the start.