Hey guys. It's been almost two days that Bitcoin price stays still.
And another two days later, bitcoin is still stalled out at around $8650--but that's what it does from time to time. It's quite possible that it'll stay range-bound for a while (as in
months), because that's happened a number of times in the past after relatively big gains. It's impossible to say what's going to happen, and believe me I wish I knew.
It's times like these when I start wondering if bitcoin is going to break to the upside or crash back to whatever support levels TA people think exist. This time I have a feeling that bitcoin will go higher once it starts moving, mainly because of the upcoming halving, but I can't tell you how many times I've been wrong in the past. We're all just going to have to wait and see--just like always.