Bitcoin to 12,000 - 12,500 then retesting lows!!!steemCreated with Sketch.

in bitcoin •  7 years ago 


https://www.tradingview.com/x/FhujAJrh/

Bitcoin 6.96% maybe to 12,000 to 12,500. There is a lot of resistance in this area on the 1 day chart. The cloud shows a good picture of the resistance overhead challenging Btc 6.96% to keep on its current Bullish uptrend. I think we are still going to retest lows before we have a confirmed trend reversal and look for new all time highs later this year. Btc 6.96% will retest the 6,000 level and i look to find a new bottom between 3,500 and 6,000. There is a lot of market sentiment involved in where that bottom will actually fall along with other economic factors. As I pointed out before the traditional equity markets would go into a Bear trend around 2/8/18. This has happened along with the predicted action of BTC 6.96% in the last few weeks. A weak rally to 12,000 struggling all the way. With another 2 - 4 months of Bitcoin 6.96% Market Cap decline it will struggle for another 6 weeks or so before making its true reversal. Look for BTC 6.96% to Peak around 12/6/2018. I will put out some numbers and more accurate predictions soon. I am very bullish on bitcoin!!! 2018 will be a great year.

This is not financial advice just my opinion on how this coin will move. Be cautious and only risk what you can loose.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I think it will struggle for sure right now 12,000 to 9,000 I don’t think we’ll see a massive sell off down to under 6,000