Uncategorized Jun 16, 2018
This week was a true test for crypto HODLer's. The term is an internet meme was started back in 2013. Bitcoin was crashing and this one person decided to hold their position. If you are interested in reading the post originating the meme, find it below.
Fast forward to this week and Bitcoin came close to visiting the lows of February 2018. This week the resolve of HODLer’s was definitely tested. Based on our review last week we mentioned the key $6k level that the bulls didn’t want to see breached. We came awfully close to breaching that level but found support near the region. However the bounce didn’t come with the volume that was needed. Which reinforces the case for the bears at the present time being. If volume doesn’t return and we stair step our way higher, it may open some
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