[2018-08-29] Crypto trader: The bulls will be back if bitcoin holds above $7,000

[veleten]

the bulls are not back, sadly , we are now fighting to not get below 6000$
the resistance levels are holding strong around 6100-6300$ but all can change in a moment
look at the 1000$ drop from 7300$ to 6300$ in less than a day
historically, end of the year should be favorable for bulls, but given the wild growth of the past year I'd be happy if we stay in the 7000-8000$ corridor
always prefer a steady, gradual growth to the sporadic, inexplicable volatile spikes both ways

[Yurkov]

Not familiar with the mentioned Michael, but whoever he is, his speculations can only be that - speculations. No one can predict any flow direction on the market these days. Patience is key. Hoping for the best.

True, we could base on someone words but for what? For me the best will be making our own speculation and follow market by ourselves and never believe in what someone will be telling you about prices of coins on our market.