@telsilicon, IF IT CANT MAKE IT TO 10K THEN 5-4K CONFORM..AND RESISTANCE AT 9.3K AROUND..TAKE IT AS 9K..8K TESTED SO I AM BULLISH AT 8K TOO..WE WILL GO BEYOND 8.5K THEN TEST AT 8.8-9.3K..AND IF THAT TOO PASSED THEN 9.8K THEN IF SLIPPED FROM THERE 8K MUST SUPPORT IF NOT AGAIN 6K..THEN TO 5-4K THIS TIME..WATCH PRICE CLOSELY..9.5K IS BOUNDARY THIS TIME..
telsilicon
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@ghose12, Thanks for update
Zakir-Ahmed
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@telsilicon, 8.6k is 200 MA touch line there will be some sell off possible..if it is confirmed then price can stop at 7.2k if not will go down again..as we have longed upto 2.5k USD from 6k..
telsilicon
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@ghose12 , Thanks for analysis - impressed. Could you please confirm if reversal is on it's way up?
Zakir-Ahmed
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@telsilicon, if it came below 6.5k then i am sure its a fake bull run again..if not it can go further up..but i can see no buy volume at huge ...so i m neutral..the 6k point is traders buy range..i m still looking at 5k position..
telsilicon
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@ghose12, Thanks. Hovering just under 7k
Zakir-Ahmed
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@telsilicon, IF NO BUY PRESSURE IT CAME COME BACK IF SUPPORT AT 6750 IS STRONG IT CAN JUMP AGAIN UPTO 8K RESISTANCE..LOOK OUT FOR THAT AND BUY IN MIDDLE IN QUARTERS..
cabbara
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I hope it will happen
Zakir-Ahmed
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@cabbara, no need to hope it is gonna happen..if bitcoin dropped 7k then make it 100% sure..