Quote from: figmentofmyass on Today at 07:01:37 PM

Quote from: Bossian on Today at 03:17:58 PM

Looks like this scenario could still play out, I confess I considered this one to be invalid a bit too early. With today's move and the RSI reaching a new high, my point (B) (still in a downtrend) could reach around $12k, it is very convenient there is this gap on the exchange market.
After this price there should be a dump at least to $8.5k and my most preferred target is around $6.5k. At that price one should consider to invest big.
My opinion.

i don't see the market hitting $12k+ only to go straight back to the $6000s. bull markets are not ordinarily so forgiving to sellers.

maybe you'll get a retest of $10k---that would be logical. the market will want to see it confirmed as support on the way up. i'm pretty confident that's the lowest you'll see after a move like that though.

Many though that they might won't see the $10k price hit up including me but suddenly things change when market move faster for the past couple of days so provably these things can possibly gotten once this hype will still occur since great things will come once all things is set and the phase will get back to normal.