BTC - We failed to break 8500$

in #bitcoin6 years ago (edited)

Hello all,

Here is the chart of my last analysis :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

As expected, the volume was not there to break the resistance line at 8500$ and the effect is immediate, a new phase of correction starts. We had a drop till the 8200$ support line which created a small bounce, smaller than the previous one. So till now, we are not able to break any of these lines but I think we will have a decision quiet soon about the direction.

I wish you massive profits,
Cryptopassion.io

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Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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