Analysis of bitcoin price : will the events return?

in #bitcoin2 years ago

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Last week there was a short burst of activity of buyers. Nevertheless, soon after volumes of tenders decreased, and price of the first cryptocurrency continued “lateral” movement.
We will begin analysis from one week schedule. For the first time for long time one week candle was generated in the form wolf. At the same time, the candle is “bullish” that says of potential turn.
The key resistance points above: 6500-6600-7000. In the case of the breakdown $7000, price with high probability will flow to global resistance in the area $8000.
The key levels at the bottom: 5700-5500-5000.