BTC Short term prediction $6400 or $8000 UPDATE

BTC Short term prediction $6400 or $8000 UPDATE


Let us see first what we said last time about BTC
"Strange things happened today and tone at the BTC market changed to the positive side. Today buyers came to market and push BTC higher our long term support $6750 level to over $7000. Resistance stays at $7600 if the up movement keeps on but in order to maintain upside movement BTC has to stay over $6750 and it is an important level, If BTC lower than support level today then downward movement keeps on, in order to see the direction we have to see daily closing bar above $6750  if it is next to $7600 and if not then-lover than $6750. Wait and see, it can go to both ways. "

Now BTC /USD  Daily Chart 

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Last time we said BTC ca go both ways and today in the short term we see since it is trading ascending trend line and volume is up indicating short term price can go up. 
Our support stays at $6725 and if it can not hold this level it can come down to $6400 level but at this level, it will move back up again quickly. This scenario might be the game of market buyers, ad to be careful about it. As long as it stays over the ascending line and $7000 level then resistance can be $7600 and further to $8000. Still, it can go both ways but the indicator shows it will move up then profit-taking going down. Trade carefully.

Hope you enjoy it 

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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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