Do or die for bitcoin bull

in bitcoinbull •  5 years ago 

Do or die for bitcoin bull

Bitcoin Bulls faced the difficult task of gaining nearly $ 8,700 and $ 8,800 against the US dollar. The price of BTC may rise above $ 8,800 or fall below $ 8,470 in the next session.

  • Bitcoin shows bear symbol rejected for less than $ 8,800

  • The price is currently falling and approaching basic support of $ 8,560 and $ 8,470.

  • On the BTC / USD chart, there is a large downtrend trend line that resists around $ 8,640.

  • This pair may start new growth above $ 8,800 or fall significantly below $ 8,470.

Bitcoin Price May Fall Below $ 8,470

Ultimately, we discussed the resistance value of $ 8,800 against the US dollar. Recently, the BTC price tested resistance at $ 8,800, but did not go further.

(Source: newsbtc.com)

(Source:newsbtc.com)

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5 years ago by

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