BITCOIN (BTC) Short Term Price Prediction

BITCOIN (BTC) Short Term Price Prediction


Let see first what we said last time 
"As we said it reached the resistance level of $10000 and it looks like all the buying and selling happened at this point, volume was high and now time to come downside and sideways until halving 12 May. Support stays at $8800 level and it will move up and down between resistance and support. Time to watch for buying opportunities."

BTC / USD Daily Chart

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After Halving BTC try to pass $10000 level but rejected 3 times and this shows that $10000 is a very strong resistance point to go further up. But these rejections are not good news for BTC and it shows clear weakness in playing right now. At the moment biggest resistance stays at $9600 level first if it can not pass this point then it can  not go further up and selling pressure can put BCT to the level of $9200 to $9000 resistance level in the coming days and sideways.

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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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