These are the most important levels that need to be monitored to understand how the situation on this digital currency could evolve and where the price could come.
RESISTANCE AND SUPPORTS:
The Resistance and the Support that at the moment we have to take into particular consideration are 4:
$ 10,000 has become a very important and very strong Support and it would seem that the price does not want to go under;
11 000 $ Resistance ridden in the last month;
12 000 $ It is a very important resistance for a long time and once broken you should go directly past;
$ 15 / $ 17,000 These are the 2 Resistances to which the price could arrive once it exceeds $ 12,000;
20 000 $ arrived here we are at the highs of December 2017, the news will begin to talk about it and make news, people will throw themselves en masse thinking of losing the train by taking off the price of Bitcoin;
$ 30,000 It could be a new high before revisiting a fall in price as large investors bring their profits home;
After these 4 phases, I expect the price from the new lows to start again with a new market cycle.
This is my future prediction of the BITCOIN, they are a few months in the Cryptovalute market but I'm studying to learn this new technology.
For any questions leave me a comment.
Concisely and comprehensible post
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Hi, great post, worth a follow. Looking forward to some more of your stuff.
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