BTC - Bounce stopped with the resistance line at 6250$

in bitcoin •  6 years ago 

Hello all,

Here was the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

After a drop earlier, we had a sudden bounce some hours ago. However, that bounce has been stopped by the resistance line at 6250$ and we are now consolidating just under. We have several resistance lines which are waiting us and if we really want to see an UP trend taking place, we will need several break out like the one we just saw. Without that volatility, for sure the drop will come back very soon.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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I just can't wait for the disbelief rally one day, and to see all the fiat bag holders crying that there buy order never got filled. :)

I am wasted... come on BTC just move !

Low volume seems to be preceding big moves. The moves have been mostly downward. I'm hoping we have reached bottom but who knows?