Bitcoin Analysis - Testing Levels and Possible Breakout

in #bitcoin • 8 years ago

So far Bitcoin is doing exactly as we said it would. The Hype of so many that Bitcoin would breakout was misplaced and we can clearly see that it is moving in a new Channel

Right now i'm looking at Bitcoin preparing to test the $6800-$6500 Price Range This is the most likely momentum the market may go towards. And if it breaks out to the lower side even more, we may see a return to the Crucial Yellow Support line of the Bitcoin Market @ $5800. Which allows for a strong buy opportunity.

I'm still very Bullish on the timeline previously spoken about of Bitcoin in October reaching 9K-11K

This is a small Update but honestly there is not much to talk about that hasn't been said already. So keep your eyes to the market. and May Prosperity find your way ;)

#cryptocurrency #analysis #blog #steemit
8 years ago in #bitcoin by
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