Resistance + BTC bounce. Consolidation before we proceed?

Well this seems to be a key area that can get us a pretty big move in case we break it. However BTC might bounce off current support level. Everyone is panicking. Ideal situation for a bounce to happen and get people rekt.

If that happens I would expect us to consolidate around these levels. Either if we take a while with consolidation or just break through, I think it's a matter of time before it blasts.

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going for it

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It seems we're consolidating on this area as planed, waiting for the next move. Today news about the ASICBoost came out so we'll have to see how the fud plays out. As soon as it was discovered BTC went slightly up. Jihan is preparing something as he claims some math was wrong. I think this whole BU won't go down that easily and etc could take the chance. Otherwise BTC might test ATHs again. It doesn't mean ETC can't go up, it just means it's harder. Specially if this whole Segwit thing gets solved. People are ready to fomo, look at LTC