@hypheonix, Hi, it seems so. However am still hesitant and tend not to jump the gun.
I think because a lot of ppl here are saying it is bullish drove the price up but not for long(we need big players).
an uptrend is confirmed for me above the 9400$
hypheonix
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@harragDZ, Hey so I think a lot has to do with market sentiment. So if we're looking at social indicators for BTC right now there's a lot of Bullish momentum coming up in the news. As much as we all like to think crypto doesn't operate on Mainstream media, it totally does, lol. If I were still seeing a bunch of fud like the past month I could believe another drop to ~6k but with all the governments starting to back off it's looking like the opposite.
harragDZ
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@hypheonix, totally agree. I like the idea of a social indicator. maybe I should develop the SSI (social sentiment indicator) which take the news coming from different sources. Weight if it is positive or negative using machine learning technics and give a value between 0 and 1. 0 very negative sentiment and 1 strong positive sentiments.
harragDZ
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A lot of ppls are advising to buy BTC. For me i am sticking to my initial plan. To go long it has to break the resistance arc
crypto008
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What all your bears are forgetting is, people don't want to sell now after the postive Senate metting : Others who took in Tuesday's hearing highlighted another cause for celebration: that both lawmakers and regulators seemed to agree that cryptocurrencies are here to stay : coindesk.com/bitcoin-crypto-us-senate-hearing-february-2018/ I would be very carful shorting now
harragDZ
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@crypto008, we'll see, but for now it is still bearish. We go bulish when it breaks above the resistance arc.
mmmp12
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5K, then rebound, then 3K.
If still will be low action and low demand, than 1.8K is possible.
harragDZ
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@JA.piotr.bor, yeah 4800k is the first rebound maybe to 6k then target the 3500k