All posts made by MufasaR in Bitcointalk.org's Wall Observer thread



1. Post 53749601 (copy this link) (by MufasaR) (scraped on 2020-04-04_Sat_17.14h):

Quote from: LUCKMCFLY on February 01, 2020, 05:45:19 AM
$10k is a psychological and necessary number for Bitcoin.

Quote
The weekly chart makes it easier to visualize Bitcoin’s channel pattern and recent breakout. If Bitcoin can clear the technical congestion from $9,400 to $14,000, it should open up the opportunity to gun for its late-2017 highs once again.



Source: https://www.forbes.com/sites/jessecolombo/2020/01/31/heres-what-to-watch-after-bitcoins-breakout/#274c20813df1

Looking at the chart bitcoin has been in the down trend and went up slightly and continued the downward trend forming that channel, what is the probability that the breakout won't just spike up and continue the downward trade Huh