Last night after bitcoin had a HARD pull back to the previous support levels of 5450, the bulls are slowing trying to gain enough strength to move back up to the 6k levels. But will the bears hold them back??? It is possible the bulls will fail and we fall lower to the next support levels are 5300. Cryptocurrency is a complete SAVAGE market be safe out here guys!
Bitcoin is coming up to a STRONG resistance level at 5500 to 5600. Do the bulls have enough strength to break these levels??? Within the day or the next day we will either break out of these levels and test 6k or bitcoin will fail HARD and go back to the support levels between 5100 to 5200. BE SAFE! This market is heartless!
Bitcoin has been going sideways between 5150 to 5300, these level have been heavy resistance for the past week. The resistance trend line that we have here we haven't break past it in the last three days. I don't believe the bulls have enough strength to break these levels, the bulls have been losing steam for the past three days. The local resistance level...
As of April 9th 2019, Bitcoin has slowing lost volume at these support levels which we have been going sideways for the past couple of days. Bitcoin has tired twice in the last week to break through the resistance level at 5300. In my opinion, we will fail this third time and drop down to the 4900 range which has a strong support level. Take full advantage of this...
On March 21st bitcoin failed to break local resistance levels at 4066. That same day bitcoin fell to support levels at 3960 where it began to consolidate between 3960 to 3997. That support turned into resistance four days later on March 25th where it dropped almost 2% to its new local support levels which are between 3888 to 3925. -Bullish scenario Right now...
On March 21st bitcoin failed to break local resistance levels at 4066. That same day bitcoin fell to support levels at 3960 where it began to consolidate between 3960 to 3997. That support turned into resistance four days later on March 25th where it dropped almost 2% to its new local support levels which are between 3888 to 3925. -Bearish scenario Bitcoin will...