Scraped on 07/09/2025, 00:20:18 UTC
I dont feel there is alot of pressure in the price at present. Some might think BTC has reached a peak but doesnt seem to be a majority. We have a double touch of 123k pricing and two weekly pin candles but still it does not appear to be a long term top, the decline from there has been quite calm over time.
The bottom prices for this week go back to a level of support first appearing in the post US election BTC rise. It could be a good signal for longer term moves but either way I dont feel a great push downwards is going to appear or that BTC has become overvalued and thats quite something to say when we are at 6 six figures. I think we develop further and if anything (eventually) the pressure remains upwards.
Scraped on 06/09/2025, 23:55:18 UTC
I dont feel there is alot of pressure in the price at present. Some might think BTC has reached a peak but doesnt seem to be a majority. We have a double touch of 123k pricing but still it does not appear to be a long term top, the decline from there has been quite calm over time.
The bottom prices for this week go back to a level of support first appearing in the post US election BTC rise. It could be a good signal for longer term moves but either way I dont feel a great push downwards is going to appear or that BTC has become overvalued and thats quite something to say when we are at 6 six figures. I think we develop further and if anything the pressure remains upwards.
Original archived Re: Feel the pressure?
Scraped on 06/09/2025, 23:49:49 UTC
I dont feel there is alot of pressure in the price at present. Some might think BTC has reached a peak but doesnt seem to be a majority. We have a double touch of 123k pricing but still it does not appear to be a long term top, the decline from there has been quite calm over time.