Bitcoin is re-testing the 600 level
There are lots of speculations about the potential price of BTC after the decrease in the last few days.
In my opinion Bitcoin is still bullish and it's waiting for a big rally to come. I think for now Bitcoin is still testing the 600/590 level.
(If it breaks we will go down to around 560 USD.)
My opinion is that the reactance is to strong to go down any lower for a week or more. After a few weeks we will be back around 600. Than the price wil go slowly upwards and if the price reaches 680 USD, Bitcoin it will go up to start a new big rally.
Have a nice day!
In my opinion Bitcoin is still bullish and it's waiting for a big rally to come. I think for now Bitcoin is still testing the 600/590 level.
(If it breaks we will go down to around 560 USD.)
My opinion is that the reactance is to strong to go down any lower for a week or more. After a few weeks we will be back around 600. Than the price wil go slowly upwards and if the price reaches 680 USD, Bitcoin it will go up to start a new big rally.
Have a nice day!
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