/biz/ - Business & Finance

Anonymous Wed Feb 21 17:56:30 2018 No.7858022 [View]
File: 68 KB, 1005x834, toofast.png [View same] [iqdb] [saucenao] [google]

>>7857075

Possible, but I think it''s too optimistic.
See pic related.
Bitcoin typically needed 40-50 days to break a significant resistance level.
Things got strange in November when 7600 got broken only in 15 days, and 43 days after the initial contact with 7600 it hit 20K, encountering barely any resistance along the way.
If things are returning to 2017 normal, and 12K is the next major level, then we need some more weeks to consolidate before successfully breaking 12K.

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