Bitcoin Breaks Through $700

Round #numbers create a sort of #psychological #barrier. So #breaking through that #perceived #wall, where people have #buy and #sell #orders #stacked up #waiting to be #triggered, that is fairly #significant.

img_20161029_020148

Also note #Ethereum isn’t #enjoying the same #success. Which makes me #think maybe this is a #weak move up, and this Bitcoin #increase is partly due to #traders #piling on, #jumping on the #metaphorical #bandwagon for #shortterm #gains. Or maybe not.

What’s your opinion?

#BTC #ETH

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