ghose12
Long

Next possible BTC directions..resistance at 10k watchout..

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I am observing every resistance and at every resistance we are having drops..so we cant take out 10k level..price can go up to 10.3k and then can drop to 8.5k then if 8k exposes and cant sustain we can see 5k then end of bear market ...if 8k acted strong then u can see 14k ..and from 14k too we have strong resistance which can drop price to 10-8k max...i am bullish upto 10k then market will decide and go according to market trend..i dont recommend long there becoz many sellers will be there to take profits..12k is again strong resistance...to come out of bear market 14-16k must be taken out...and this can take upto a month..
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