Bitcoin price analysis.

in #bitcoin8 years ago

The price movement has reached the level of $ 11000, for the second time the bulls are trying to take this height but it is still unsuccessful. The future forecast so I can see:

  1. If the price breaks through the level of $ 11000, then we move to the goal of$ 11500, there is a downward line of the global trend, then after a small rollback we rush to the goal of$ 12000, there is a strong resistance level.
  2. If on the second attempt the bulls fail to take the level of 11000$, then most likely the uptrend line will be broken and the price will go to the level of 10000$, and then to the level of 9400$. But I think this scenario is unlikely.

Screenshot_37.jpg

This post is not a call to action, but expresses my personal opinion. If you decide to start trading in cryptocurrency, you must understand the danger of losing money, as well as act at your own peril and risk.

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