Bitcoin Price Analysis - Oct 31 2017

in #bitcoin • 7 years ago

Today bitcoin price broke another resistance level at 6118 level. Now it's heading toward 7000. Take a look at the chart.

Bitcoin Price Daily Analysis.png

According to fibo extension, the next possible resistance level is at 7400 level. But there's also two resistance level one at 6500 and another one is at 7000 which we define as psychological resistance level.

So, sit tight and enjoy the rally. :D

#crypto #cryptocurrency #price #analysis
7 years ago in #bitcoin by
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     7 years ago 

    Calling @originalworks :)
    img credz: pixabay.com
    Nice, you got a 4.0% @minnowbooster upgoat, thanks to @rasif
    Want a boost? Minnowbooster's got your back!

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     7 years ago 

    I just love bitcoin and it will surely touch 10k this year. Just love its train.

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     7 years ago 

    I'd love to see the price hit that level. But thats too optimistic I think. I'd rather be happy if the price keeps above 5000 level for next 6 months. If it does then it might gain more attention to investors and eventually it will jump upto the moon.