Price has Memory
Blowing thru the $14,200 resistance on strong volume, will bitcoin continue to rally to $15,500 this week, in a couple of days or before my feet hit the floor tomorrow morning? With the speed that these coins are changing, this quick observation will quite likely be outdated before I get a chance to post it.
On the weekly chart, this comeback is only a small blip on bitcoins path to a million apiece.
...But on the hourly chart, it's looking quite bullish.
hourly
I have a feeling it's safe to say goodbye to the hopes of buying bitcoin at, under or near $10,000 a piece ever again.
Code’n be golden
disclaimer: These are merely musings from an armchair quarterback. All information is speculation on my part and not to be taken as sound financial advice.