Bitcoin price analysis: Can BTC/USD stay above $8,650? (Update)

in #bitcoin • 6 years ago

As it went, my long position has been closed at $8,450, the BTC/USD pair finding no support at $8,650.

It is not unrealistic to think that we are going to re-test $8,650 for support, but as it stands right now, and considering the very weak market strength, we are more likely headed towards $8,200 and under.

I will wait for the European markets to open for new indicators and take a new position. I will keep you updated then.

I would appreciate your feedback and your vote very much.

For Educational Purposes Only.

#money #cryptocurrency #blockchain #altcoins
6 years ago in #bitcoin by
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