Looks like corn hit it's head in the 63K-ish ceiling, again.
Sometimes you need to look beyond the one minute charts Arriemoller.
#justsayingLooks like corn hit it's head in the 63K-ish ceiling, again.
The resistance has been extremely hard to break I am wondering what news we need to break it. $63,200 atm I saw it at 6.5k I think. It has been holding on strong for a long time now I am checking with preev.
I would not describe two weeks as a "long time".. .sure we had a BTC price peak of $67,010 on October 20, and then by October 22, we had dipped down to $60k-ish... and largely been floating in a $60k-ish to $63k-ish range for the past two weeks.. or maybe we cannot even proclaim 10 days as being two weeks either... but in any event hardly even a long time and hardly even any kind of BIG dippening either...
So yeah passing through noman's land was slower than it could have been.. and sure there was a seemingly desperate attempt at a shake out that so far is not seeming to succeed..
The shake out may resume.. yes.. the passing through noman's land may also presume.. I would think that it is a good idea to be prepared for either scenario even though there is a kind of indication what scenario is the better bet.. YMMV. DYOR. BTMFD.
(any other good ones here?)