Mihai_Iacob

Bitcoin- I'm starting to doubt 46k

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BITSTAMP:BTCUSD   比特幣
I was bullish Bitcoin and expected it to rise towards 46k resistance.
My bullishness, however, has started to diminish with the price hovering around 42500 support and bulls looking very weak
The last attempt to rise above 44k was met with selling pressure giving us a lower high in rapport with the previous 45k
As I said, 42500 is support and fail from bulls to keep the price above opens the door for a new visit of 40k important figure
I'm looking to sell rallies from this point on

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