[ Trading ] Some people are looking for Bitcoin to break $6000, but looks like Bitcoin is getting ready for new rally up

in trading •  7 months ago

We had a very strong bear run from $8400 on 26 July and a lot of gurus came out predicting a new low of $5800 and even $4950 by Tone Vays. But it does not look like Bitcoin is ready for those lows yet.

We bounced off $6085 on Bitstamp and currently we are on $6400. Is Bitcoin getting ready for a lower high below $8400?

Here is Dan from the Chart Guys with his short term analysis:

Do you see a new rally coming?

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Looks like the rally has started. Up to $6472 now


Yes, looking good.

information is very useful for me.


Very glad to see that. Thank you for your support @afridayanti


Thank you so much for this amazing content!

Thanks for being a blessing and sharing!