I saw this interesting CNN interview talking BTC and thought you all might like it.
Same old, same old:
We have all heard this before, "adoption is coming, healthy regulation is coming, mainstream investment from big money is coming."
That's nothing new but they continued to talk keep TA targets. $6,800 being pivitol, and I woukd add, daily volume staying steady anf growing is also key as well.
Good News:
If we hold about $6,800 the bear market might be dead or done.
Bad News:
If we fall below 6,800... Uh oh. Long term down trend, and continuation of the bear market.
But as always, plan for the worst. If you are reading this you must be a believer, I say keep dollar cost averaging your way in to a bigger position, that is my play.
Thanks guys. Have a great day! God bless.