BITCOIN ( BTC ) Long Term ( WEEK LONG ) Price Prediction NEW SERIES 04/27/2020

BITCOIN ( BTC ) Long Term ( WEEK LONG ) Price Prediction NEW SERIES 04/27/2020

We are starting out new WEEKLY long term prediction series with the top 10 cryptocurrencies. We will give you our thoughts about coins in a weekly period and let you know what we do expect that week. Daily still fluctuate up or down and we will be informing you of our SHORT TERM  Daily prediction as usual too. 

Now let's talk about BTC in long term ( weekly ) . In order to give you weekly prediction first, we need to look at 

BTC /USD Weekly Price Chart 


Every week BTC is closed higher than previous week closing, we see this situation almost last 6 weeks and it is trading over ascending trend line every week continuously. Volume is almost steady and some weeks higher than previous but never going down noticeably.  $8000 is every very strong resistance for BTC and needs a lot of volumes to break this level. If we look at the monthly chart of BTC we see that there is no interest to break the $8000 level. 
There's a strength on BTC as long as it trades $7000 and over  . Until it breaks $8000 level we can not say Bullish trend starting and until that moment it will trade in the channel of $7000 support and $8000 resistance level. $8000 is the point that definitely we need to watch out very carefully. 

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Dentist since 1985, Oracle Developer DBA since 1998 and trader 2000 and up today. I try to give my best future price predictions on certain coins and I do trade same way.

CryptoCoin Predictions Series Short Term
CryptoCoin Predictions Series Short Term

I will give you my ideas about certain coins and my trading strategy about the future I just want you know that i am not a financial adviser and any information i give in here is my personnel opinion . If you follow me regularly i will post updates and future predictions about coins i hold and trade . My price predictions are short and not detail ( since i do not to bore anybody with long readings )

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