Bitcoin back at resistance. What do you think - Up or Down?

BTC has been range trading a little. Has a great support base at that $41k mark, but is having trouble breaking back up into the $50ks.

I don't feel like there is enough momentum there right now - and it is indeed trading sideways.

Will be interesting to see what the stock market does over the next week. Many are tipping a stock market pullback / crash and recommending Gold, Silver and BTC as a bit of a flight to safety. China is creating nervousness around how they will deal with Evergrande further unsettling the market.

What do you think? BTC UP or DOWN?

Kommentera:

Totally called it!

Gotta guess right every now and again :D