Bitcoin - Long and strong, what could go wrong?
Updated
Hi guys,
Didn't post for some time, now something again from me. Bitcoin is hard to predict but we saw it currently is in an ascending channel that has formed and thats passed the recent tests, didn't break to the downside.
So I see a chance of price going up, but I wouldn't bet much on it since... well BTC is hard to predict and volatile.
Volume is currently low and hopefully we see also breakouts and not just sideways.
What are you thoughts - up or down, moon or doom and why?
Didn't post for some time, now something again from me. Bitcoin is hard to predict but we saw it currently is in an ascending channel that has formed and thats passed the recent tests, didn't break to the downside.
So I see a chance of price going up, but I wouldn't bet much on it since... well BTC is hard to predict and volatile.
Volume is currently low and hopefully we see also breakouts and not just sideways.
What are you thoughts - up or down, moon or doom and why?
Comment
Update: Just as I thought it will happen, it happened, we had two high volume price moves up!Now, if you have any longs open and they are in profit, you should close them now. We have seen earlier that after a pump what's next is mostly the dump.
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