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Author Topic: bitcoin price analysis  (Read 100 times)
adzino
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May 04, 2018, 09:53:54 PM
 #21

Pretty much agree with you on everything except I think if we surpass $10k we won't rise astronomically quick to $11,700. I think the rise will be gradual as it has been these past 3-4 weeks here. Sometime in June I expect to be near 12k but not until then.

There must be a strong volume to break the resistance and sustain the level so we can see the pice at a higher level. But its really takes time before the price to go up high. I just hope for some big news this month of may so the bullish pattern will continue.
Rather not expect some "news" to cause the price to go up. Just a gradual rise is totally fine and that is what we all want. No hurry at all. The sudden rise in the price due to some "good news" is just temporary which is then followed by a huge correction. This correction is what misleads people to think that the price is starting to fall.


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