Quote from: leemaxue on June 01, 2020, 03:57:32 PM

If Bitcoin breaks through this resistance level, a further sustainable rally towards $10,500, $11,000, and $11,600 is on the table.

The best environment for altcoins is a slow, upward move following Bitcoin. As we’ve seen in recent days, other altcoins like Ether and Cardano have started to show strength. If Bitcoin remains to move to the upside, more altcoins can see upward breakouts.

https://www.investreader.com/sections/cryptocurrency

It does break the resistance level but that doesn't mean it will hold the price range because of the market volatility in nature and you can't use the market surge momentum to judge what will happen in the future.

Quote from: bitbunnny on Today at 08:16:35 PM

Quote from: ancafe on Today at 05:37:43 PM

Quote from: hahay on Today at 05:18:08 PM

Even yesterday it didn't reach $10,200 until the correction finally came back, yesterday's rally wasn't strong enough to continue to break higher resistance. Well, anyway, the rally is only to break through resistance at $10k and doesn't become a problem either because prices in this market are very volatile and it's still difficult to get more consistent.

it looks like we need to wait for the next wave, and hope that the price of $ 10k becomes stronger. however, the price reduction occurred in less than 24 hours. Well, honestly I think that the price increase that happened to Bitcoin earlier could be stronger, but in reality, it was a very fast moment. however, it seems the decline is not so far away, I hope the next rise will soon occur.

Yes, this price rise up to 10000$ came fast and it's gone fast, seems that level is hard to keep. Correction happened very fast however it was good opportunity for day traders.
The price hasn't fallen very deep, actualy it returned to previous level but somehow I'm not such an optimist regarding another 10000$ push, it might not happen so.soon or if it happens it will not be strong enough to resist another correction.

The price havent fall too deep because it was manipulated and the aim of the whales that make the suddenly happen was to gain some quick profit. However, i expected the price of the market to repeat the samething after it reach $10K price range again.