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Old 06-13-2017
danshan danshan is offline
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Default Re: $3k is the resistance for BTC

most people analyze BTC as a stock. How many stocks you know drop 30% overnight without major news? How many rise 200% in months without any major news? BTC is not a stock and it 10000% does not behave like one. It does not know the bands or resistence or support lines or triangles like the market. Most people forget what it really is primarily used for and that off the grid payments ie(illegal porn, gambling, ⊗⊗⊗⊗ IDs, drugs, ransomware, scams) this is a bad thing but not for BTC itself. They need a transmitting tool and btc has answered the call.
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