Good pump with low volume today.
Why did it bounce? Could it be EOS-related speculation?
Bitcoin is forming an ascending channel pattern which likely leads to more drops.
50W SMA remains a resistance.
I still think 2.5k is a likely target eventually (with bull runs in between).
Of course, a big pump with volume could drive the market early into bull mode, but I think 8.5k could be the maximum in that unlikely case.
Why did it bounce? Could it be EOS-related speculation?
Bitcoin is forming an ascending channel pattern which likely leads to more drops.
50W SMA remains a resistance.
I still think 2.5k is a likely target eventually (with bull runs in between).
Of course, a big pump with volume could drive the market early into bull mode, but I think 8.5k could be the maximum in that unlikely case.
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Was btfx hacked yesterday right before the pump?
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reached the point on the chart. will it go down?
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dropping tomorrow?
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will it reach the 5.2k target or just miss it?
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