Bitcoin price prediction and news of date 10th August 2018

• As before tends that our major target as per butterfly pattern $4444.

• As above mention that bitcoin mining prices tends to $5782/BTC.

• and we hope that it is difficult to test $4444 because mining expence are Fundamental barrier.

          MARKET FACTOR
  

• crypto market is behave like big pump and dump. When negative ETF news than Bitcoin and Alt coin price is dump and market start bleeading.

• commonwealth bank of Australia won a mandate fron the world bank to raaising pioniring bond of block chain for mining and trading.

    TECHNICAL FACOTOR
  

• In previous we forcast trading range between $5782 to $6210.

• The intraday low was $6183 and high was $6628.

• bitcoin price extended losses to $ 6183 is now getting rebonding around $ 6510. Before geeting upside it is down toward $6039. As we predict in 4H chart.

• RSI inficate and stochastic indicator show that the trens is pressurely bearish and the support zone is $6039.

• and be aware that if it break $6039 than it have a chance to go down toward $5782 because pressure toward $5500.

Market trend is bearish unless it reach to $6800.

Today trading range between

1st support level $6039
1st resistance level $6510

2nd support level $5782
2nd resistance level $6800

• Expected trading range between $6039 to $6510.

• trend of today is bearish.

Thats all

All information are only for educational purpose
Trade according to your capacity to loss.

If you have any querry comment me.
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@suratcorporate