Bitcoin Price breaking through resistance levels

in #bitcoin7 years ago

Bitcoin finally has some momentum and it is chewing through resistance levels in the process.

The latest one being $8,000.

A number that was supposed to offer some moderate resistance.

Then shortly after, it easily knifed through $8,200 as well.

Prices look a bit over-extended in the short term to me and I would not be surprised to see a slight pullback.

Though, it is looking like we are seeing a longer term trend flip from bear to bull bias taking place before our eyes.

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The Bulls are running! 💰🤑💰

One of them is at least. Now we need steem to join in.

What's your's price bet on btc in january?

$15k, give or take $5k. Meaning that it likely will be between $10k and $20k :)

A slight pull back would be healthy for price action.

Agreed. Like to see it hold $7800 or $7600 though on a dip.

What does that mean?