Viewing a response to: @karamyog/what-s-up-with-bitcoin-it-just-broke-61-8-fib-level-with-almost-no-resistence
@karmayog I think previously there was lot of negative news about the BTC and the major one was taxing profits from Crypto. So lot of big players had sold their part which caused sudden fall. Now seems ok I think lot of new players are coming in and market is steadily moving upward which is good sign. Cheers!!!
| author | techstack |
|---|---|
| permlink | re-karamyog-what-s-up-with-bitcoin-it-just-broke-61-8-fib-level-with-almost-no-resistence-20180724t125052261z |
| category | bitcoin |
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| created | 2018-07-24 12:50:51 |
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There was negative news for sure. i also think the dominating force for profit booking and short selling. A correction was needed after the bull run last year. I hope it keeps going up for a while from here.
| author | karamyog |
|---|---|
| permlink | re-techstack-re-karamyog-what-s-up-with-bitcoin-it-just-broke-61-8-fib-level-with-almost-no-resistence-20180724t131330225z |
| category | bitcoin |
| json_metadata | {"tags":["bitcoin"],"app":"steemit/0.1"} |
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| root_title | "What's up with bitcoin? It just broke 61.8% fib level with almost no resistence." |
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