Bitcoin, in the last few days, has been...
Which is why were all asking when it finally break through the $31k resistance layer and give us some positive returns.
My personal prediction is that it will fall back into the same sideways box that it did when it was hovering at about $28k.
This is still 100% a theory and could easily be wrong so dont trust me. As the days go by it looks more an more likely that crab action (minimal price movement from bitcoin over a long time.) is imminent. If the stars align though it could be that bitcoin breaks through back to $31k sooner than we think.
If bitcoin does make its way back to $31k then the next problem will be that resistance layer which has be tested and retested multiple times but has held strong and sent bitcoin back to $27k. If bitcoin breaks the $31k layer then we could see a price of $40k - $50k within a few days.
If bitcoin fails to break to $31k then the possibility of a long fall back to $21k will seems all to close. Until next time, good luck fellow bitcoiners.
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QUICK DISALIMER!!!
This is was not intended to be investment advice! The article you have just read was written by an incompetent fool. Please always double check the facts and do your own research.
