It looks like the Bulls Entered in to the Market again On June 30. #Bitcoin pullback from $5800 trying to Break the Downtrend. If #Bitcoin Failed to #Break the #Downtrend Line it can again go to $6000 Level.
If #Bitcoin sustains above $6700, & sustains above $6500 for few Days then we can say that #Bitcoin Might go Up. If #Bitcoin Cross $7000, then might go to $7700 as well. People who are trading can use Stop loss at $5900.
If the bears break below $5900, then #Bitcoin First Support at $5500 and Below that Next Support Level is at $4900. However, according to Candles its looks #Bullish #Engulfing.
#RSI also looking good now above 40.00, you can see the #RSI Support Line I have drawn.
Conclusion:
All Indicators now looking good and showing Positive Signals but still we have to wait for this #Week Close or $7000 to cross for Final Confirmation.
Please Leave #Comments about your Review on #BITCOIN Price In future and Bull Run.
UPVOTE | RESTEEM | FOLLOW
Wish You Success!
@piyush2516
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great analysis bro
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Thanks please Resteem to help Cryptocommunity
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Glad to see someone doing an in depth analysis. I know some indicators but don't trust my trading instincts yet. Keep up the good work!
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Thanks please share as well to help crypto community
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thanx for bitcoin analysis update
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thanks for motivation
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nice great work buddy
keep supporting!!
https://steemit.com/mgsc/@rajatgaur/russia-s-first-crypto-investment-bank
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thanks for support
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