This will be a small blog as i just wants to know people's opinion
Bitcoin is more than 30% up in last few days and all the other altcoins r blood bathing
I really don't wants to make a judgment on recent moment of bitcoin
But let's pridict what can be happen in the future in short term orr we can say in matter of 1-2 weeks..
Will there be a correction ???
Another Downtrend to 6700 ??
Starting of a bull run ???
So guys bitcoin just crossed 8000$ resistance level and hovering around it.... What it means !!!
It could be great if bitcoin stables here for 1-2 days and gain it's moment again
But RSI showingg that bitcoin now is heavily over bought
We can see in the past that after suchh a big move a downtrend started just after that so it will the same this time ??
Should we take entry right now !!!
No i don't think that we had to take entry in the market right now what i think in next 2-3 days bitcoin will starts to go down and it can possibly test its 6800 support level
But RSI can move side ways and there is still more room for prices to go up...
So guys what u think ??