Bitcoin reaches the first region of support

in #bitcoin • 6 years ago (edited)

currently the global market cap is sitting at 356 billion. its a bit shy off of what I last calculated however the market cap at the max had the korean prices valued in and they far exceeded that of regular pricing. At the moment btc is hitting the first region of strong support. We can open Long orders from between 7000-8000 range. 30% open at the 8000$ psychological and 70% remaining down to the 5 K region. We would be expecting a bounce however

EDIT

we had some monster volume, buys can now be placed, must have a stop at the swing low of 8000 USDT. Ourinitial target is the upper resistance of 9600 USD if that manages to break in an impulsive manner we either have a larger ABC in place or it could be the wave 1 of a large upwards impulsive move

6 years ago in #bitcoin by
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