BTC looks like it could push the $8400 level again, and this could be a crucial moment in the outlook over the next couple days. I remain slightly bearish, though a breakthgouh the channel resistance into the cloud would signal a potential reversal of trend. I am anticipating a failed breach at $8400 followed by a drop down to about $7950, where we see our channel supports cross. Volume has finally picked up a bit over the last couple days. A good sign for the future.
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Looking for BTC to break 10k again. I am still super positive on good old Bitcoin
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I am too long term. Even mid term to be honest. While short term I am somewhat bearish, only to the point mentioned in my post. I fully expect (or at least hope) that it will reverse around that $8k mark. $10k isn't far off!
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If we don't break $8,400 it gets scary for us :/
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Yes potentially. I see that $7950 area as a potentially strong support level though. If it doesn't hold however it could signal a drop of another few hundred dollars 😬
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