Bitcoin Price Prediction 27/06/2018 | Technical Analysis Cryptocurrency

in bitcoin •  6 years ago  (edited)

Snapshot_18.png

In above image you can see bitcoin 4 hour chart on tradingview. We drawn some trend lines to analyze the price prediction of bitcoin.

  1. Horizontal line act as a support - 6032 U.S. Dollar

  2. Horizontal line act as a Resistance - 6355 U.S. Dollar

  3. And a trend line shows downtrend

Currently bitcoin price is $6101

Snapshot_19.png

If btc broke the above trend line then we can see bitcoin price towards to $6355 as shown in above image.

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