RE: BITCOIN (BTC): BULL FLAG SPOTTED!

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BITCOIN (BTC): BULL FLAG SPOTTED!

in bitcoin •  7 years ago 

Over the week, we had a bit of a scare as Bitcoin failed to break the $12k resistance and dropped back down to $9.4k. It’s back up now, however, but not all the way back. As we approach $11.5k and possibly $12k once again, keep an eye on buying power; if there’s enough volume to push us over the previous resistance, we could be set to soar. Overall, the market is showing signs of life but it hasn’t been completely reborn yet. With an overall market cap of $455bln, it’s up a whopping 0.04% from last week.
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