Where are the Bulls? Bitcoin update

in bitcoin •  6 years ago 

After a potential reversal from 5800 to 6250 all the bulls are left with is hope, its been a disappointing attempt at a reversal.

There is clear support around the 6-6100 area, but how long can it hold this price up? not long in my opinion, with volume dropping by the day and all signs of bull momentum fading I'm in full bear mode still, unless bitcoin -0.47% gives me a reason to believe we can break up its a matter of time until be bust below 6k and find new lows in this bear market.

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fridays are normally nervous for investors who want to play safe around the holidays.

yes they can be