Get ready for the next bitcoin rally from $13,500 - 13,700

in btc •  7 years ago 

Perhaps not so obvious in the beginner's eyes, but almost any seasoned investors would look (hope) the bounce back from between $13,500 -700 a coin.
There is a strong stack of buying order sitting at this level, where anytime could catapult the price to where it was or at the least is on around $15,100.
The resistance level is at $13,721 however, seeing so many 'panic selling' this level can be pierced a little, then the expected rally may begin from above this level.
No one can predict how long BTC will stay at this level, thus hodling will not be ideal.
In a serious note, no one should be hodling BTC considering the high volatility it has after breaking $10,000 level.
Learn to trade, and enjoy a sustainable profit ---small or large-- depending on your risk acceptance.

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