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RE: Until we hurdle 11.8k I'm still bearish. Here's why...

in #bitcoin7 years ago

agreed, $11,800 will be the real test, we're not out of the wood yet. And that leading diagonal triangle is bearish as f*** for the short term. However, volume can come anytime, don't get confused with that. Look what happened on February 26th for example. News or events shall come to justify the forecast.

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Agreed. And then sometimes they don't. There are enough negative indicators to justify equally that perspective. Either way, bulls and bears both know that something exciting is about to occur.