Been reading a lot about this types of prediction and all of them are telling about the $10.5k mark which need to be destroyed first.
Do they have some kind of a group or something?
It's difficult to believe that this people are not on the circle of friends since most of them are almost the same and also the explanation.
Anyway, I doubt it will happen very soon.
The resistance before was like 9k or something but still it went forward.
But as we go near the halving more hype will come.
Well resistance is $9500, however, we have seen that is was broken obviously, because it didn't hold up and continue on a downward spiral at $8500. Others says it is due to corona virus, but technical analyst point to a correction that is due because it seems that bitcoin is on the oversold mark.
Anyway, seem that the market has somewhat settled down between $8500-$8700, been bouncing on that price this weekend. Of course prior to halving we might see some uptick in March but I'm expecting a sell off in April though, just my opinion.
