Bitcoin: Update 09 Apr 2018

in #bitcoin • 7 years ago

Hi Steemit Friend,

Btc Daily.png

Yeah, Bitcoin still in downtrend, daily chart still look bearish and if it continues then we will see BTC at around $ 6000 or probably lower then. Next potential support is at $ 5800 so keep an eye for few days ahead.

Btc 1H.png

After failed to break above daily level at $7360 price began dropping few days later, but it’s turn around when it reach $6540 since that Bitcoin is looking for retest that daily level again. But, unfortunately today BTC was sell-off before reach daily level.

That would be dangerous if BTC sell off from this level because price will be easily hit the support level at $ 6500 hopefully the support is holding price otherwise BTC can down further to $ 5800 for next few days.

Let’s See...

Disclaimer: This is not financial advice. I’m just giving idea, all trades it’s completely in your responsibility. Make sure you use trading management properly to avoid losses.

#cryptocurrency #money #trading
7 years ago in #bitcoin by
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