Bitcoin Update!!!

in #bitcoin9 years ago (edited)

Bitcoin yesterday closed just below the rising channel(see chart below) and today after opening , it moved positively and again trading in rising channel. It will try to touch a upper range of this channel which is currently at around $2500 level, but again I suggesting caution as it is still in multiple resistant levels, be it previous day high, flag, horizontal resistance. Support is at 10 Day EMA which is currently at $2158.
Lets see how it trade rest of day.

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I followed your advice and used caution while analyzing the chart. Thank you! :)

Thums up and good luck!

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