Bitcoin Analysis Report

in #bitcoin7 years ago

The recent trend of bitcoin, if let me summarize, Shrinkage shock, the volume is getting smaller, this wave rebound also did not appear heavy behavior, the price has successfully rebounded from 8950 to 9400 near, basically completed with concussion rebound, at present in the 5th line and the 120-day line of the intersection produced a concussion, the position is not only the psychological pressure of the EMA, but also the technical pressure of the line, so in such a volume, it is estimated to produce a narrow range of shocks, the shock zone will be maintained in a relatively small scope, probably within the 9000-9400 range. So the short-term direction should not be linked to the main currency, of course, you can also choose to hold.

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Thanks for sharing update proving crypto currency news. I love bitcoin. I appreciate your valuable Post.... best of luck 👍👍

thanks for your feedback @konasharmin. wish u all the best

You are most welcome dear friend...