It has been overstretching on 1 hour chart. Time for a significant pullback before it can try for any successful push upward of 9K. 1 hour chart is crying out loud this fact!
Definitely agree - as much as I'd love to see us barge through to the $10k levels, we haven't broken out of the downtrend channel yet, and there's not a lot of room for upside until then. Also, we all know how BTC loves to double bottom, so it seems like all signs are pointing in this direction...
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WAIT FOR 9.5-10K
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@ghose12, Won't take that long!
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