Because of this, I think it is only somewhat positive, and we more likely than not will have plenty of headwinds above that continue to work against the value of the market. If that’s going to be the case, then I am more than willing to fade rallies as they occur.In the short term, the $23,000 level looks to be a significant barrier, one that the market has no real momentum to break above.
You can’t call it a store of wealth either, because quite frankly anything like that can't lose half of its value every time something bad happens. This is not to say that the market will go higher over the longer term, because I do believe that it will.
Source: Digital Coin News (digitalcoinnews.net)
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