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BITCOIN (BTC) Short Term Price Prediction


Let see first what we said last time 
"Today BTC reacted to FED news very positively and the price goes up to $9500 but it did not stay at that level for a long time. At the moment definitely some weaknesses at the BTC market and has a lot of sellers and buyers trying to keep prices up, It is still following the ascending trend line and which is a good sign of strength. Resistance stays at $9200 level and if sellers win the battle then support level is first $8500 then looks like the next support is $8000."

https://www.publish0x.com/cryptocoin-predictions-series-short-term-ada/bitcoin-btc-short-term-price-prediction-cooling-down-xrkmpr


BTC /USD Daily Chart

ff88ca5afce34debc7d2f159763d82abe2004a716b97a0a3590d77f23f95ebfa.png

If you look at the daily chart you will see the last 2 days very high volume and the price is going upside and there is a strong desire for it. Support still stays at $8400 level and as long as trading over $8400 then BTC will go upside. Minor resistance is at $9000 to $9150  level and if it passes these levels that next resistance is $9500.

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skyislimit
skyislimit

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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