TA MASTER BİTCOİN TRADERS LAST 2019 PREDICTION.
* It is not investment advice. The views of experts and analysts in the market have been reflected.
It's still good to be cautious when all the indicators are pointing down. I repeat, this is not an investment recommendation.
In these days when Russia is already designing new laws for digital currencies such as bitcoin and alt koin, the needle will automatically detect it in the preview window when you move it up and down.We need to examine it in our future and past analysis below.
Bitcoin started the week at$ 8275. Monday's Tuesday was a positive weather, but fell as low as$ 7800. Weekend...
The price, which has been stuck for a few days at between $ 9000 and $ 9500, was commuting at resistance and support points. As of now, $ 9000 support was broken and BTC declined to $ 8800 levels.
Bitcoin, which is currently trading at $ 8850, has seen levels of $ 8700 on some exchanges. Some analysts predicted that there was a GAP between $ 8700 and $ 8900 after the last rise, and that BTC would not be able to gather power without going down to that level, so it would not be able to go above $ 10,000. That appeared to correct analysts ' view, and support for $ 9000 had been broken a few minutes earlier.
In addition, although transactions in Bakkt maturities have reached record levels on a BTC basis, investors ' downward investment is said to have adversely affected the market.
We observe that BTC/USD tested the level of 20mA (20-day moving average) on the 4-hour chart, which was withdrawn due to sales pressure after testing the level of 8,540. The support level of 7.844 should be carefully monitored in case of continued retreats in the cryptocurrency, which is making progress towards oversold territory. 20mA is not decimated and purchases are accelerated,so it is useful to consider 8.380, 1 resistance level and 8.500 intermediate level in cryptocurrency.
Resistors: 8.380,1 – 9.096,0 – 9.391,3
Supports: 7.844,4 – 7.163,6 – 7.163,6
We observe that the BTCUSD, which has been elevated by completing the reverse shoulder head-to-shoulder formation, has accelerated to 8360. 8281.2 and 8439 levels can be followed as resistance in case of continued upward acceleration in the cryptocurrency, which is currently priced at 8268 level with some withdrawal. The 8080 support level can be considered for possible withdrawal.
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