Psychological level of 10k may be difficult to surpass.
I believe this is still a purely speculative market.
I also believe major profit taking will take place, at or just below 10k, bringing price back into 5000s.
Then, rebound and ranging into 2020.
* * * * *
If 10k is broken and holds, then my bias may change.
(Note: we are using the inverse BTC/USD chart in this instance for effect/perspective)
USD is now trading below the 49 and 210 day moving averages against Bitcoin. In the previous BTC bear market of 2014-2015, this was also true for a time, but price bounced back above for a period of a few months.
Towards the end of April 2019, or more likely during May, there...