BTC rebound? Today is a critical day...steemCreated with Sketch.

in #bitcoin • 7 years ago

Screen Shot 2018-02-09 at 08.13.46.png

Hey guys...

So we have seen a great bounce and support around the 6'000 USD level for BTC... then next day there was a bit of indecision in the market, which could've been also a bear trap (hopefully) and yesterday another great day for BTC bounce...

Today we are starting the day testing the 8'000 USD level... I believe this is a critical point for the bounce. If the bulls can close another green day above yesterday's close it could be the confirmation of the bounce, but if the bears win the day we could be heading into the 5'000 USD level.

Let's wait and see how the day goes... in case we see the momentum and upside kicking in, then the next resistance would be around the 9'500-10'000 USD level.

Have a great day!!

Cheers,
Diogo.

*This is not investment advise. It is only my view and opinion... I am not a financial advisor.

#cryptocurrency #trading #analysis
7 years ago in #bitcoin by
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     7 years ago 

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       7 years ago 

      Think all will be ok with Bitcoin. Normal correction.

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