Was $9,222.00 a bottom? Your thoughts.

in bitcoin •  7 years ago 

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On January 17th, bears push Bitcoin down to $9,222.00 and then price went to $12,146.00 on the 18th, and trading sideways since.

Prior, on December 22nd, Bitcoin made bottom at $11,159.93.

So what are your thoughts on the Bitcoin market?

Has price overcome resistance (bottoms become tops) of the 22nd's bottom?; or

Will bearish sentiment push prices lower?

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I think it will stay at the current level for a while, until the actual big drop. Due to many factors, the price is being kept in the 5 digits, once it actually stays below 5 digits it will probably go even further down

Thanks for your answer! Have an awesome weekend!

I think it will go up.

Thanks for your answer! Have an awesome weekend!