Chart of the Day | Bitcoin Touching $4400

[Cacingkemi]

BTC has shown its exaggeration by following the booming trend, BTC is now at 4K price and still continues to reach 5K.tapi journey is not as good as toll road, now today down $ 4,227 because the road is being built.

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[BrewMaster]

BTC has shown its exaggeration by following the booming trend, BTC is now at 4K price and still continues to reach 5K.tapi journey is not as good as toll road, now today down $ 4,227 because the road is being built.

the today's dip is mostly because of the increased activity of the "fork panic" topics all around the media. and we have already have it twice this year.
- once when the BU started to gain some support.
- second when BCC started being something.
- and now with 2x thing!
it seems like a never ending FUD that goes to sleep for a couple of months just to wake up again

[ragnar0k]

BTC has shown its exaggeration by following the booming trend, BTC is now at 4K price and still continues to reach 5K.tapi journey is not as good as toll road, now today down $ 4,227 because the road is being built.

the today's dip is mostly because of the increased activity of the "fork panic" topics all around the media. and we have already have it twice this year.
- once when the BU started to gain some support.
- second when BCC started being something.
- and now with 2x thing!
it seems like a never ending FUD that goes to sleep for a couple of months just to wake up again

You have to admit that this one is hardly a normal fork though and the sw2X is turning into a proper hack/takeover of bitcoin by miners. FUD in this case are quite justified... The only hope we have to stop this is people and people are very unreliable

[javalemcgee]

BTC has shown its exaggeration by following the booming trend, BTC is now at 4K price and still continues to reach 5K.tapi journey is not as good as toll road, now today down $ 4,227 because the road is being built.

the today's dip is mostly because of the increased activity of the "fork panic" topics all around the media. and we have already have it twice this year.
- once when the BU started to gain some support.
- second when BCC started being something.
- and now with 2x thing!
it seems like a never ending FUD that goes to sleep for a couple of months just to wake up again

I don't know what is special with $4400 level. It could have been $4500 and this would be more logical as it's an important support line for bitcoin price. It needs to stay above this line and as long as we stay above this line, the price can hit $5000 easily.

[pitham1]

BTC has shown its exaggeration by following the booming trend, BTC is now at 4K price and still continues to reach 5K.tapi journey is not as good as toll road, now today down $ 4,227 because the road is being built.

the today's dip is mostly because of the increased activity of the "fork panic" topics all around the media. and we have already have it twice this year.
- once when the BU started to gain some support.
- second when BCC started being something.
- and now with 2x thing!
it seems like a never ending FUD that goes to sleep for a couple of months just to wake up again

I don't know what is special with $4400 level. It could have been $4500 and this would be more logical as it's an important support line for bitcoin price. It needs to stay above this line and as long as we stay above this line, the price can hit $5000 easily.

The trend seems to have reversed now. We are now hovering around $4200 and threatening to break below this level. I don't think it is purely due to profit booking. We need to wait and watch to see which way the next trend is going to be.