Bitcoin NEw Analysis 19 June 2019!
In my last post I have predicted that Bitcoin will hit $9000 soon I have predicted that one week ago that the Crypto market is very volatile and it will be very profitable to keep the Bitcoin until it hit $9000.
That was the predicted and it was 100% correct and the Bitcoin hitted the $9000 now the new expectation will be explained in today's post over the chart below with the resistance. And the support. It is not for the trading purpose it is for the analysis in for the fun.
First Red Line:
The line show the resistance level and it will be touched after retesting the support level of $8650 Which is the the strong support and it is expected that BTC will hit to the lower level again this week only the upward trend is not possible the reversal can be expected from any pair in the trading is the need of the market and the pumps and investors and traders analysis.
Bitcoin value is finding the way to go in the upward direction.
Resistance Level:
The resistance level at _$9467.
this level can be hard to touch this week but we can expect that after having a retest of the suport level so it some serious traders want to trade now they can sold some bitcoinat this stage and will re buy it at the support level to make some extra amount of stoshi!.
Second Red Line:
The line is at the support level and this line show that it will be a hard support for the bitcoin this time.
As the bitcoin is going in the upward trend the spike will have a chance to go to $9000 Soon.
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