Bitcoin Price Analysis

Bitcoin Price Analysis

Bitcoin / U.S. dollar BITSTAMP:BTCUSD


Bitcoin has returned to lows after a brief attempt at $19.5K. We returned to support at $18.6K, which we anticipated would hold. If it doesn’t then $17.6K will be the next level. If we do catch a rally then $19.5K is the next target. We do expect some ranging here. If we are able to break $19.5K then $20K will surely provide resistance.

Leave a Reply

Your email address will not be published. Required fields are marked *