Bitcoin Price (overview) 1 November 2017
Hi STEEMIANS!
Let's have a look at bitcoin current price and possible scenarios.
Currently the crypto beast is trading at 6610$ after hitting all time high at around 6650$.
There is no upper resistance technically,
The downside is supported by 6320 level.
The picture above is of daily TF chart. If the current daily candle closes above 6320 level then the bullish break will be confirmed to form another bullish wave.
Major support levels: 6320, 6180, 5870
The decentralized king yesterday celebrated its 9th birthday.
The market cap is at its all time high which means the price is unstoppable however short term pullback or retracement is possible but only above support levels.
Disclaimer: this post is for information purpose only and not a trading advise.
Don't forget that some of the top analysts have predicted bitcoin to reach 10000$ in 2017.
Good luck.
img credz: pixabay.com
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img credz: pixabay.com
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Thanks for this post, right now am trading with bitcoin maybe i will buy 200.00 USD now and wait what happend before the fork 25th Nov.
thanks for reading.
fork is the reason which is making things more volatile which i forget to mention.
But for most people its an other opportunity to jump in.
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Well,I'm a newbie. So I don't Know how much I've contributed. But I'm happy to upvote this post.
Contribution in terms of $$$ doesn't matter.
What matter is you found someting helpful and upvoted it.
Thanks for being here.
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