CryptOReilly

Bulls v Bears who will win??

BITFINEX:BTCUSD   Bitcoin
Right now we can see a large selling pressure in between $10,500-$11,000. We have seen the charts show that we are struggling to break through this area of resistance. I feel as though we have 2 days maximum left to really push through that resistance area in order to have the bulls comfortably enter the market again at full strength. If we fail to get a strong push past 11k, then I think optimism will slowly leave the market and we will experience a nice slow bear market.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.