My idea on #bitcoin
We are at resistance, pretty strong and perfectly defined by the Fibonacci level. An area of supply was expected there, so the first rejection was logical. A bearish scenario would have expected 
BTC to crash after the rejection, or at least after the retest but 2 attempts to dump have been immediately bought up. This doesn't mean that the price can't decrease of course, we are still at resistance, but personally, I would not be too comfortable in a short atm. A break of 6250$ would lead at least at 7k but I think 8k is also likely
BTC to crash after the rejection, or at least after the retest but 2 attempts to dump have been immediately bought up. This doesn't mean that the price can't decrease of course, we are still at resistance, but personally, I would not be too comfortable in a short atm. A break of 6250$ would lead at least at 7k but I think 8k is also likely
Penafian
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