Bitcoin Analysis - October 9, 2017

in crypto •  7 years ago 

9b9b82fd-e00c-40e3-9f30-0b71c8b55b73.png

Bitcoin continues to increase its value

Bitcoin price has continued to rise and began to move through the first resistance level of about $ 4540 per unit.

Technical indicators show that the price is likely to continue to rise, rather than the opposite. The following limits, where the market may face difficulty to continue its rise, are $ 4906, and then $ 5362. If the second level is passed, Bitcoin has the potential to reach 6100 dollars. If this happens, a correction for this value is highly probable.

The analysis is for informational purposes only and does not constitute advice, recommendation or offer to buy or sell Bitcoin, any other crypto or financial instrument. @crypto-rev is not responsible for any losses after the use of the current analysis. Invest wisely and only amounts that you can afford to lose.


image source - Instagram

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:  

@minnowpond1 has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.

        To receive an upvote send 0.25 SBD to @minnowpond with your posts url as the memo
        To receive an reSteem send 0.75 SBD to @minnowpond with your posts url as the memo
        To receive an upvote and a reSteem send 1.00SBD to @minnowpond with your posts url as the memo

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by cryptorev from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.