Bitcoin: Bull or Bear? May 9, 2019

Many people said Bitcoin started its bull move again. It is true that the price has increased significantly over several months. But we still have to wait, at least until this week’s candlestick finish to see whether it’s going to rally or not.

Snapshot

As we can see, there is a major resistance here around 6,000. If this week’s candlestick failed to cross above 6,280 probably the price would go south.
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