Bitcoin Price Weekly Analysis

in bitcoin •  8 years ago 

Just like I expected during my previous analysis, bitcoin price dipped last week to record a low of $2045 on Bitfinex yesterday. The support level around $2262.62 seems to be strong enough to resist further drop and the low recorded ($2045) was nothing more than overshooting below support.

Bitcoin price will most probably start rising again to complete a 5 wave Elliott formation. Here is part of my weekly analysis on livebitcoinnews.com

To read the whole analysis, kindly visit this link

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let's buy more!

This is just a mild correction, price of bitcoin will definitely rise even high , great content bro , keep it up , following you

Thanks. I am glad it was helpful.