Crypto Analysis Report 3-14-18 BITCOIN...Price Stuck Between Buyers At $8400 and Sellers At $10000

After the buyers took out sellers at $9350 the sellers won the battle at $10000. Price is now range bound between $8400 and $10000 on the 4 hr chart. We won't have a clear picture of where price will go until the price breaks $8400 on the downside and $10000 on the upside. I believe in between these 2 levels becomes a no trading zone, unless you are a scalper.

Sometimes the best trades are no trades and one should look at other currencies for trading opportunities.

NOTE: If price can't hold the $8400 level, look price to test buyers down at the $7600 level.

This post is my personal opinion. I’m not a financial advisor, this isn't financial advise. Do your own research before making investment decisions.