Quote from: Pectivark on June 22, 2020, 01:57:57 PM

I don’t know on any basis I assume we can get 12000 dollars, but reaching that level is very unlikely, we have resistance centers at 9700, 10300 and 10700 dollars that make it difficult to rise from 9400 dollars to 12000 dollars.

Even the breach of the 10500 level requires a break of a strong resistance level, which the price proved difficult to break when the price bounced back to 9500 when it reached 10100 dollars during the past days.

The decline is likely, so long as we cannot rise, the decline will inevitably happen.

Sure it's speculation but I echo the sentiment. Stocks have suffered, Covid-19 wave 2 fear is setting in, and bitcoin is being rejected at resistance levels with decreasing volume.