Mmm I have a positive outlook on bitcoin but my interpretation right now is that demand is stalling.
This is nothing like last summer's rally from $420 to $680.
For now I think we will not go past $300 for quite some time. But hey this is bitcoin so anything could happen still...
300 is going to be heavy resistance. Then 350, 400, 450...
I think we might have heavy resistance on a smaller scale as well (think 325, 350, 375...).
As of now, I think we've got a while before we hit 300 though, other than a quick spike here or there.
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