BTC Update 17th Sept

in #bitcoin6 years ago

Update curtiousy of Coin Trading Signals
#BTC Updates 👇

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$BTC Can Dive In Downtrend. 2nd Half Of September is Not Looking Good For $BTC. Although BTC Holding Support at 6400$. It Is Interesting to See How Long BULLS Can Struggle against BEARS .

A high Volume move above 6550$(upper end of the range) could yield a sustained rally Towards7000$(psychological Resistance) On the way higher, BTC may encounter resistance at 6710$(50-day MA) and 6750$ (100-day MA).

A downside Break of the Narrowing price range would mean the corrective rally from the low of 6100$ has ended and that level could be put to Test again or In Severe Condition Can Test 5700$ .

📌 Important dates for Bitcoin:

19 Sep: CBOE Futures Expiration

21 Sep: Direxion ETF Final Deadline

28 Sep: CME Futures Expiration

30 Sep: CBOE VanEck /SolidX ETF Deadline