Five days ago, bitcoin was unable to fall below $107430. Four days ago, bitcoin did not fall below $107300. Two days ago, bitcoin support stayed at $107200.
Now it is showing like bitcoin price may increase and not fall less than $107000. What do you think about this? Will bitcoin price increase or not?
Bitcoin price right now is $110400.
what is too special about the $10700? if bitcoin falls bellow that value, what does it speak about bitcoin? does it mean that bitcoin will continue to go bearish o because bitcoin is getting bullish while it approach that value means that bitcoin can never go bellow that value? the resistance is not tied down to any value at all, it is tied down to the fact that for every DIP, bitcoin has always found a way to recover again which is one key thing about the calmness that investors experience regardless of bitcoin correction in the short run.
it is a new month o certainly, we are all waiting for bitcoin to continue in a positive rally and maybe create a new ATH before the month comes to an end or likely give an indication that the bull will still continue. what looks like a bear that has brought us to this point is something that over time will cease to exist because we must have gone past this current resistance to a very high point.