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BTC Short term prediction $6800 UPDATE LAST MINUTE


Let's see what we said about BTC last time 
"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."

BTC / USD Daily Chart 
45754decc06b19fefe3e0d46a85ad6b2187ec84889d13fd13a711dc81d44e694.png

As we said earlier profit-taking might come and it already came. We are started trading the ascending trend line and looks like a downtrend started.  3 times BTC tried to pass $7250 level and every time it has been rejected the downtrend started and volume is also going down. 
this time support stays at $7000 level and buyers are defending it but sellers are more than buyers. If sellers push the price downside then it may go to support level of $6800 level and then downtrend would be faster to $6400 level. 

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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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