RE: Bitcoin $17,000 Target Update & SegWit2x Returns

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Bitcoin $17,000 Target Update & SegWit2x Returns

in bitcoin •  7 years ago  (edited)

Let me illustrate what @cryptoinvestor just said, there's the 13500 level below and the 16000 level above, and there's the trading channel, a general upward trend (see mint lines) - since the fear-and-loathing pre-Christmas scenario is over, we've been hovering around the lower border of the old trading channel, and now we're trying to bust through the 16k and then the upper border, which is a double resistance in this case - see how it literally CRAWLS there ?
Wewill eventually crack it... I luckily decided to exchange half my bitcoin for ripple before I went shopping today... whoa... excuse me, that was lucky, just saw ripple had gone straight up and logged into kraken to sell, as it will be dropping a bit now... so yeah, let's see if we can finally break that 16 k bitcoin level for good later today and head towards 21k or so, which I expect.
Ripple looks as if it's going up even more but I never take a risk that I can avoid ;)

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