icexch

Bitcoin found support at the edge of abyss. For how long time?

BITFINEX:BTCUSD   비트코인
Since last review on Bitcoin it has dropped under $ 6'000. However, it has found a significant demand on the minimums since November 2017 and has managed to resist drop staying in narrow corridor under $ 6'600. So, there is a feeling of games limitation of both bears and bulls. The assumption about summer holidays has found its realization. For growing up to $ 7'000 and higher there is a need for active competitive demand and relevant bulls idea. For going under $ 6'000 there is a need for capitulation of Bitcoin holders and retreat of buyers who seem to be major and to support the market. It does not seem that any of option mentioned above will come to life before August-September. When and if it happens we will see the exit from corridor of $ 5'600 - $ 6'600. We monitor the situation.

Follow our reviews!
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.