BITCOIN Gains Nearing Double Digits

exxodus (60)in #bitcoin • 5 years ago

Bulls are still on the move, despite overbought conditions on all charts 4-hr and under.

HUGE resistance is likely to be found in the $12,000 level.

Today is still our seventh bull day in a row, so we will definitely be looking to test daily supports likely in the next few days or so. Of course, a few awesome days of trading means all of the bull articles are back in the news about "BTC to $100k".

Big support now is at the $11,000 level which seems like it will hold enough for bulls to continue up if tested.

Congrats to the bulls and have a great week ahead everyone!