Post
Topic
Board Speculation
Re: What will happen next if the resistance breaks?
by
carlisle1
on 17/10/2020, 10:44:50 UTC

Anything that Trump can say may affect the Stock Market of the US and the price of the Stock Market and the price of crypto and correlated with each other so what Trump is saying doesn't have any direct impact on crypto but on Stock Market.
but the impact in stock market usually bounced to crypto as well,but things will end up sooner while Trump is not going to win this election,because it seems that Biden is on the rush now.
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The price now of Bitcoin went down a few dollars because of the article regarding OKex Founder being held in the custody. LINK
What I want to see is Bitcoin moving at around $11,000-$12,000 within the next few days or weeks so we can see it going higher in the next weeks. I'm not that bullish though since there are no catalysts as of this moment that will make the price go up.
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12k is just near and always being reached the problem is breaking that 12k to hit 13k for the first time again since the dump of 2018 happens.