Bitcoin Analysis - October 9, 2017
Bitcoin continues to increase its value
Bitcoin price has continued to rise and began to move through the first resistance level of about $ 4540 per unit.
Technical indicators show that the price is likely to continue to rise, rather than the opposite. The following limits, where the market may face difficulty to continue its rise, are $ 4906, and then $ 5362. If the second level is passed, Bitcoin has the potential to reach 6100 dollars. If this happens, a correction for this value is highly probable.
The analysis is for informational purposes only and does not constitute advice, recommendation or offer to buy or sell Bitcoin, any other crypto or financial instrument. @crypto-rev is not responsible for any losses after the use of the current analysis. Invest wisely and only amounts that you can afford to lose.
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