DK_Investment

Bitcoin still at the crossroads

Long
BITFINEX:BTCUSD   Bitcoin
after my analysis of the bitcoin yesterday, the course continued to fall as expected. Now it's getting exciting with the $ 9,000 and $ 8,500 support lines. should they break we will see the bitcoin price fall again towards $ 6,000. Long term holder buy ranges are $ 7750- $ 8500, and if the $ 8500 support breaks $ 6000.

Should the 8500 support not break, I see good opportunities for a long-term bullish uptrend that I have drawn as above.

The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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