BITCOIN Lacking Bull Follow Through To Break $6,413 Resistance
bitcoin·@exxodus·
0.000 HBDBITCOIN Lacking Bull Follow Through To Break $6,413 Resistance
 Bitcoin bulls saw a run up to briefly break the resistance level at $6,413 before bears stepped in again to take control and reject prices from this level with minimal effort. This seems like a clear indication that the bears are still in control and allowing bulls to temporarily give them better bear positions. Volumes on the 15-minute chart indicate that the follow through and confidence of the market at this level is still no soothing. Likely now, we're looking at a pullback over the next few days if this support at $6,395 breaks. Overall action is still sideways and the $6,000 level is the major floor that has to hold. We haven't seen Bulls muster up enough momentum to rally lately, and the floor has to be getting heavy. However, if this is the market's determined level for support and fair value, it will hold. My prediction is still a test of $5,000 before the end of the year. <h1>HAPPY TRADING!!</h1>