BTCUSD Analysis: Why $10,000 is so important for Bitcoin

in bitcoin •  6 years ago 

Bitcoin still remains under pressure in 2018 despite this latest recovery out from the yearly low, that should only be classified as a correction within a broader downtrend. It is going to take a break back above 10,000 to force a bullish shift in the structure.

In this analysis, we take a look at Bitcoin each day, highlighting all of the need to knows for anyone looking to extract up to date information about major levels and relevant trends, both short term and longer-term. The analysis is designed for the trader, investor and even those simply holding the crypto asset, looking for an idea of where they may want to consider making that next conversion.

The cryptocurrency update is new each day and is presented with an added layer of animation, in an effort to make the analysis as engaging as possible, while also communicating the message with respect to key trends and levels in an easy to understand, seamless manner with great value add to all.

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