the bitcoin next move

in #bitcoin • 4 years ago

As you can see in the chart, the price of Bitcoin has been fluctuating between $ 44,000 and $ 64,000 for three months. In fact, the price of Bitcoin reacts to the $ 64,000 resistance point and the $ 44,000 support point, and now that it has reached the $ 44,000 support point, it is expected to move towards the 64,000 resistance point.

And if it falls to a lower level, ie $ 26,000 and $ 44,000, it is likely that the price of Bitcoin will fall to $ 26,000 and rise again.

Since one the Doj candle hit the $ 44,000 support point of Bitcoin, it is likely that the price of Bitcoin will remain in the same range of $ 44,000 and $ 64,000 and will rise to the resistance level of $ 64,000.

#cryptocurrency #technicalanalysis #invest #financial #market #money #china
4 years ago in #bitcoin by
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