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Is the Dec 2013 $1175 resistance possible?
Bitcoin
Is the Dec 2013 $1175 resistance possible?
By Geeves
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Jan 3, 2019
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Jan 3, 2019
A lack of strong indicators at this moment telling me that this downtrend is not over.
So what is next?
i. Retesting of the 2018 low (around $3000 - $3200); if that levels do not hold, what next -
ii. Retesting of the Dec 2013 resistance around $1175.
Expect dramatic newspaper headlines. Depressed Youtubers.
Even Hodlers may get sweaty palms.
What a buying opportunity that will be!! For me a 2nd opportunity. Stay calm & positive.
Trend Analysis
Geeves
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