BTC - Stabilizing - Keep an eye on 8200$

in bitcoin •  5 years ago 

Hello all,

Here is the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

The BTC is stabilizing after the touch of 7700$ yesterday. As I was saying yesterday, the low at short term has perhaps has been touched yesterday and we could have a small bounce now. The important point will be to check the reaction of the market when we will touch the resistance line around 8200$. A rejection from that level could say us that we need one more drop before a correct bounce.

I wish you massive profits,
Cryptopassion.io

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Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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Crypto experts need to be careful as there is lot of manipulation going on. Best buy range is $7.5k range and max is $5k. Need to wait 2 to 3 days more to see positive sentiment or negative sentiment. There is great opportunity right now after the recent dump.

kinda confused what will i do now that btc is sort of bleeding if im not mistaken, you think price is connected with seasons? https://medium.com/mark-price/while-my-bitcoin-slowly-bleeds-a4f1a77bb6fe