BitcoinUpdated Bitcoin Reversal: Next key level $9300
Hello Traders,
If you read my last analysis, I predicted that $7700 would act as an ultimate support for Bitcoin. And guess what happened!???
It bounced exactly around that range ($7707). I want to point out that we start to see RSI/MACD convergence, which is an indication for the trend reversal.
If there is no more negative news, Bitcoin will first contest $9300 (EMA 50).
If you read my last analysis, I predicted that $7700 would act as an ultimate support for Bitcoin. And guess what happened!???
It bounced exactly around that range ($7707). I want to point out that we start to see RSI/MACD convergence, which is an indication for the trend reversal.
If there is no more negative news, Bitcoin will first contest $9300 (EMA 50).
Note
Lightening Network beta was released today!coindesk.com/a-version-of-bitcoins-lightning-network-is-ready-for-real-money/
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.