RE: Bitcoin: Approaching Many Tiered Resistance

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Bitcoin: Approaching Many Tiered Resistance

in bitcoin •  7 years ago 

I suspect a break of 12,500 will spark a bull run. A couple days above 10k and we will see it happen

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7 years ago by

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      ·  7 years ago 

    Yes, I'm watching the 89 SMA closely, which comes in just below $12,500. If we can break above it and stay above it, after some consolidation, we can make a run at the ATH. Exciting times.

    This story is an example of the frothiness and FOMO that will only increase as we move higher:
    https://www.marketwatch.com/story/anonymous-trader-buys-400-million-of-bitcoin-2018-02-16

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