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RE: Bitcoin/BTC Daily Price Review (05 Mar 18)

in #bitcoin6 years ago

Couldn’t agree more. I still don’t think we can break this wall up without a massive spike in volume. I would like to see one as large as the spike at $6k. That would be plenty, and the test coming back down wouldn’t be a problem. We have to go high enough above $11.8k for breaking it to even matter. If we break it and hold, $17k shouldn’t be a problem. I don’t think we will have nearly as much trouble heading up after that.

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All good points @ctom . I'm longing for a bit volume (almost doesn't matter which way), hopefully we'll see some over the next week or so.