Bitcoin is at a very crucial point. I believe we can expect a bullish move from this point.

in bitcoin •  7 years ago 

As we all know that bitcoin has been in bearish market since jan. But i think now its the time that we can see some bullish movement on bitcoin. As you can see on my analysis bitcoin reached that level from which bitcoin always move upside. Everytime bitcoin reached that point, the point react as a very strong support level for bitcoin. Bitcoin reached that level many times, but bitcoin just couldn't break this level. So as per my analysis if bitcoin fail to break $6027 level then we can see a upside movement in coming days & there is a very strong trendline also so now it will be very interesting to see how bitcoin react to it.

btc proce .jpg

What's your thoughts on this. Do you think its high time for bitcoin that we will see strong bullish movement or it will continue the bearish momentum. Share your thoughts.

Thanks

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Hi dhnajkalita, I hope you are right! On another note why do we keep testing these lower layers.

Yes. hope for the best. Let's see how bitcoin react to it..

yes sure all investor having same thing in in mind to get the bull run near

Let's see how it goes.

Nice article my friend. That would be great if you share TA and FA tips with us.

Thanks mate. I will definitely try to do that.

Nice TA. keep up the good work.
thank you

Thanks mate.

Good to hear, feels relief

Lets see how it goes.

I think you are 100% right and Technical analysis, price action, and fundamental data tells the all expected bullish picture.

Yes you're right.