So the bulls are trying to regain control it seems, but for now there is some resistance which you can see in the chart above (purple lines, lower one was punched through, second purple one is proving to be an issue).
Volume is pretty low, RSI and MACD also show that we could be heading down for a little bit. I doubt it will be a catastrophic drop, BTC has been slowly but surely climbing up without any huge pullbacks for now and there is plenty of good sentiment out there including this recent Forbes article: Two Bullish Signs For Bitcoin
What do you think? How far will we retrace before punching through the $11,500 mark?
Volume is pretty low, RSI and MACD also show that we could be heading down for a little bit. I doubt it will be a catastrophic drop, BTC has been slowly but surely climbing up without any huge pullbacks for now and there is plenty of good sentiment out there including this recent Forbes article: Two Bullish Signs For Bitcoin
What do you think? How far will we retrace before punching through the $11,500 mark?