BITCOIN (BTC) Short Term Price Prediction

By skyislimit | CryptoCoin Predictions Series Short Term | 30 Apr 2020

Let see first what we said last time
"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. "
https://www.publish0x.com/cryptocoin-predictions-series-short-term-ada/bitcoin-btc-long-term-week-long-price-prediction-new-series-xkmdpw

BTC / USD Daily Chart

As we said before there is a lot of strength on BTC to go up and it did it, Volume is very high and it is following our ascending trend line and with the volume hike it passed $8000 level and now support becomes $8000. Currently trading close to $8400 and if it can hold it around $8000 level then it can go up to $8500 resistance level. Lots of buyers are in the market pushing BTC and if it get rejected at resistance level then downside movement up to support level of $8000 or even to $7750 level. We need to watch it out carefully.

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Resources

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Bitcoin (BTC) Crypto Blockchain Money Price Analysis

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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

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 )