BITCOIN Price Needs Move Above $8,350 to Regain Bull Bias -- Charts Show Pullback

in bitcoin •  6 years ago 

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There was a great article that came out HERE

The consensus is out that we need to see prices rally above $8,300 to find bull support. This is a huge resistance though and we will need to see lots of bulls to break this. So, this doesn't favor upside. This is an additional reason why we are likely to see a pull back to test lower supports first before making a higher low and seeing a rally to higher highs and a break of this level.

$7,500 is the first support we are likely to see which I'd predict we see tests of at least this level (potentially $6,800).

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Well 7500 is here , Your right on it , we see if it holds here

Hoping for at least an oversold bounce from here before a potential test of $6,800.

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Great post am also interesting in bitcoin