Quote from: GoodLuckHK on Today at 04:23:59 AM

Bitcoin Sell Off Shatters Bulls Hope

Current Market Sentiment:

Resistance level to watch out: $45k
Support level to watch out: $41.5k

https://bit.ly/btcselloff

Interestingly, we have broken out of a big downward resistance trendline we were stuck in for past two months, now we will surely have a retest of around 40-40.5k level soon, and only if we are able sustain this retest we can then start to move north once again. I am not very sure about a new all-time high anytime soon but I know we are going to touch 50k atleast in this month or so, because even if BTC wants to go down further it needs a lot of buying positions in to liquidate all of them and go south and people will only believe the idea of another all time high once BTC breaks the 50k mark.