Bitcoin's Latest Price Prediction April 14, 2018

in #bitcoin6 years ago (edited)

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Bitcoin Price Prediction April 14, 2018. Consolidation days are usually considered healthy during the downtrend (as we have here since Jan.2018). After several days of consolidation between $ 6600 to $ 7000 and around the 50 day moving average line (marked in purple), Bitcoin forms the following triangular structure:

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Usually these triangles, when they break up, do not turn to the main trend. Which in this case, a higher change we will see a broken triangle, instead of breaking up.

Fundamental conditions such as uncertainty and panic about a possible attack in Syria could have pushed Bitcoin up.

Overall, the $ 6,600 area is still where the main support lies, in addition it lies in the $ 5,900 zone which is the lowest since February 6th.

A breaking up of a triangle of about $ 7,000 could lead a bullish move to the next resistance area at $ 7,350, and then an important resistance level at $ 7,800 where the MA-200 is located.

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Prediksi nya bagus..
semoga seperti apa yang di prediksikan..

Jangan lupa bahagia bang 🙏

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