Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Macadonian
on 16/03/2023, 14:32:45 UTC
The next two hours we should break the $25,00 resistance! For the 2nd time in a couple of weeks. I think we might push on from here without dropping back down we might finally be able to challenge the $30,000 price. We just need more banks to fail in the next couple of days and it should continue rising. I do not know why multiple banks are failing in the same week but I hope it continues for the price of Bitcoin!

Really? It broke 25000 5 hours ago. It also broke it yesterday and the day before. Looking at bitfinex right now:
26529 on March 14,
25324 March 15,
25102 today.

Going above 25 is easy. Staying there for more than a day is the hard part Wink
I know it is the hard part and I know we have breached $25,000 a few times in the last couple of weeks but we did not have several banks failing and being all over the news then. I think if we get above it again for the 2nd time in 24 hours we should stay above it because that is a sign of people dropping their bearish attitude and buying more Bitcoin.