How most hodlers are reacting on bitcoins latest surge

in #bitcoin7 years ago (edited)

interesting batman GIF-downsized_large.gif

Most real hodlers felt a little bit amazed by the recent surge of bitcoin and questioned its cause.
Usually everybody is happy when the price increases, but this time it felt more like disbelief .. Some wales must have tried to cause this 'reverse' because in that hour, there were the most bitcoin trades in history. Furthermore the bearish sentiment is still there and the resistance is not broken yet.

On the other side, the final tax day In the US is approaching. That day may cause a lot of people to sell their crypto in order to be able to pay their taxes. In the near future I don’t expect bitcoin to surge again. Until it breaks the bearish resistance, the sentiment will stay negative. Once the resistance is broken, we can see bitcoin and alts preparing for going to the moon. Therefore I think we will see some big movements at the end of april and in may.