Bitcoin Breaks Above $7000. What's Next Move ?

in #mgsc6 years ago

Hello All My Lovely Friends !!!!

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Friends as we saw Crypto Market are seeeing strong positive momentum after many downfalls ; as Bitcoin (BTC ) breaks above $7000. with BTC momentum many Altcoins also showed good growth . Growth among the top ten Coins were between 4 to 20 %.

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Bitcoin ( BTC ) is now trading at around $7068 , which is up around 2.48 % in past 24 hours .

The top coin has seen several days of recovery since its brief price dent on August 22 in the wake of toughened anti-crypto measures in China and a fresh series of disapproval orders for several Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC).

Total market capitalization of all cryptocurrencies is at around $231.86 billion.

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As Bitcoin has now broken the $7000 mark . So what we can expect next ?

According to me; I think if Bitcoin stays here around $7000 for 2-3 Days. Then this will point will become good support and We can see more rise also. But we have to wait and see what happens. It can even go either way.

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Tell me What's your opinion about Bitcoin's next move ?

Sort:  

Which one is next support lavel?

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Bitcoin is down trend

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