Bitcoin Trend / 02-11-2017
Expected trading for today is between 6600.00 support and 6950.00 resistance
above 6600.00 level
A new all-time high was formed at 6909.00 from where the pair started
a small correction.MACD is placed well in the bullish zone and show positive signs.
RSI is well into the overbought levels, pointing a short-term correction.
Bitcoin price rallied upwards strongly, waiting for more rise towards 6950.00 supported by EMA50.
100 SMA is above 200 SMA so the rally is more likely to continue than
to reverse.6600.00 level / 50% Fib Retracement ( from $6282 low to $6909 high ) level is the most important support / key condition to continue the bullish wave.
Breaking 6600.00 level and hold below it, is negative factor that will push the price to start bearish correction.
Expected trading for today:
is between 6600.00 support and 6950.00 resistance.
Expected trend for today:
Bullish / Holding above 6600.00 represents key condition to continue the bullish wave.
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18th november bitcoin segwit2x will come.. i think before this bitcoin will hit 8,000$.. can be more!
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Hi as I also predicted in my blog about bitcoin
As bitcoin jumping from 5000 to 7000 so quickly if market behaviour same then it may reach 10000 dollars almost end of December .
GBTC is very bullish, this is the Bitcoin Investment Trust traded as a stock. The bullish ascending right traingle is delicious! I use Elliott Waves and Chart Pattern Recognition. Already in excess of 46% profit!!!
18th november bitcoin segwit2x will come.. i think before this bitcoin will hit 8,000$.. can be more!
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I am not getting sure enough that bitcoin will touch the 10K mark by the end of this year.