Bitcoin Technical Analysis - 11 April 2018

in #bitcoin6 years ago

Here is the price yesterday:

And here's what happened:

An alternate path to $6k is also shown above where the price will bounce up to $7.4k zone before going down. Either way, I believe we will again see the $6.4k - $6k zone before going up.

Yesterday I have said that the correction of BTC price will continue until at least the 2nd week of May. I have adjusted the trend lines and looked for other possible paths and it looks like that there is a possibility for the price breakout to occur earlier.

Disclaimer


This is my personal view and I don't claim it to be a professional financial guide. Your decisions are controlled by you and only you. Listen to what others say, but don’t believe everything that you hear. Research, analyze, and think. In the end, you can only thank yourself for believing in something that is true. Likewise, you can only blame yourself for believing in something that is false.

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