Bitcoin respected its last strong resistance of 29,000$ now its recovered back to 31,000$ and it looks like its not done yet, pro traders out there where do you think this is heading? Is the free fall over or this level won't hold for long either?.
I'm not a pro trader, but I would say that the down ward trend is not yet over because of:
1. there is still the looming war behind
2. the market is in the bear market
3. the FED rate hike will have it's effect
So I guess everyone should be very careful of their trading strategy. Or if you are here for the long term, better buy cheap bitcoin or any other altcoin and hold.