BITCOIN Eyeballing That $10,000 Level -- Bulls In Control!

in bitcoin •  7 years ago 

Screen Shot 2018-05-05 at 7.35.37 AM.png

Bitcoin is eyeing that all too familiar $10k psychological level. Recently, this level has not been significant in any capacity, so I don't really expect it to be that hard to break through. Bulls should be able to smash this price level without much resistance from the bulls.

Longer term is still favoring the upside at this point, but a pullback is still on the horizon is is to be expected. As always have your stops set if you're worried.

Only think in consideration about this level is we are basically at the overbought level, so this combined technical indicators with the price level might be a hint there will be some sideways trading, but I don't expect a pullback to happen yet.

Hope you all have a great weekend!

Happy trading!

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Seems like new ATH will be sooner than I expected, BTC $40,000 in 2018? :)

Eh I wouldn't get that far ahead yet.... so how come you like your own comment, but not my post? Just curious...

Oh, I'm waiting for some time to pass to get curation reward.
Hope that's ok :)

ha, just seems kinda messed up. Not interested in sharing the wealth with others -- only your own?

Honestly, I'm spending money to lease steem power from @minnowbooster, and I need to upvote myself to cover some losses.
As I already mentioned I'll upvote your post too (not with 100% voting power), but when 25 mins are passed after the publication, because I would like to get some curation reward, too. I don't think you're a newbie here, so you should understand what I'm speaking about.

Hope the level breaks!!! go go go

I'm confident it will! :)

40.000 $ per BTC is too much. Maybe 15.000 $ at maximum for next year

Yea I'm kinda in the same boat. Long term, I think the fundamentals aren't good enough to be successful indefinitely. It's like the AOL of the dot-com bubble....