Bitcoin unable to break $10k
Bitcoin fails to break $10k
After an impressive bull run since the 12 April BTC has kissed the psychological resistance level of $10k.
Currently we are going for a dip after being rejected from $10k and have dipped as low as the $9,300's. At this stage there does not seem to be much solid support until $8,800. It is likely that we stay around the $9k mark for a while before we see continuation or a bounce.
As a result it form the looks of coin market cap all the most of the alts have taken the dive with BTC.
Bitcoin weekly EQ
If we take a look at the weekly time frame there is a possibility for an EQ pattern to be forming for Bitcoin and I am watch our rejection of $10k closely to see if we have potentially set our weekly higher low.
Peace
Tom
Leave Bitcoin unable to break $10k to:
Best Posts From fuble
We have not curated any of fuble's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From fuble
- 2 month Crypto Update - GenerEOS & EOSToolKit
- EOS and Crypto Market Update May 2018
- EOS Breaks bullish 3 times in row :)
- EOS stays Bullish while BTC and ALTs Dip
- ICON breaks bearish days before ICONest Launch
- Bitcoin unable to break $10k
- Bitcoin tops out at 10k? - Why I trade EQ patterns
- Icon prepares for the launch of their ICONest
- EOS Correction has finally started!
- How to register to EOS DAC Airdrop + EOS Update - EP 14