BTC

in hive-180932 •  5 years ago 

BTC has been exhibited a very strong trend recently, although Joe007 keep on adding short (also knowing he will always net long on his crypto position). Today there are further momentum showing with the price breaking through the key moving average.

Right now, I expect the price will see some supply (resistant) at 8200 level, as it is always a key pivot point in the previous days. On weekly, it is also showing bullish action but it is still lower high for now.

With the halving soon, Expect BTC to pick up further volatility approaching the days.

Stay safe and healthy
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  ·  5 years ago 

with the QE continues, I am not surprised to see BTC climb back to $12000.

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