Bitcoin Price Analysis : 17th JULY 2018
The latest News is coming about BlackRock considering Investement in cryptocurrencies, the world’s largest asset manager with about $6.3 Trillion under management. The company is forming a Team to look into Bitcoin’s potential.
BTC/USD
#Bitcoin has bounced from its recent low of $6100. The Bullish Inverse head and shoulders (H&S) pattern is still alive. If #Bitcoin will Breakout and close above the neckline at $6900+ the inverted H&S will complete. After that #Bitcoin might go up to $7900.
Once #BTC cross above the $7000 levels, it doesn’t have any significant resistance until $7700.
If #BTC unable to cross the $6800 Resistance, then it might go down. The first support at $6500, after that it can also go down to $6200 and below $5900 is a #Bearish Sign. Failure of a bearish pattern is a bullish sign and can result in a upward movement to $10000 in the medium-term.
UPVOTE | RESTEEM | FOLLOW
Every #UPVOTE will get UPVOTE in Return from me.
Wish You Success!
@piyush2516
@cryptopiyush online
Follow Us :-
Telegram channel: https://t.me/joinchat/AAAAAEH6X1jXr4dzVcew1g
YouTube Channel: https://www.youtube.com/cryptopiyushonline
Twitter Update: https://www.twitter.com/piyush2516
So nice analysis. I hope people will get profit from this article. I upvote you . You can do same.
yes sure
Best analysis news thanka
thanks for motivation