By Altcoinbase – Bitcoin (BTC) is currently $7.464 on Bitstamp (of 0.4%) and thus remained below the $7, 500 for stock prices. What will the market do? Read the analysis of the Altcoinbase.
Contents
Bitcoin (BTC) weekgrafiek
The weekgrafiek of Bitcoin we are currently in a downward trend since the peak to $14.000 at the end of June. With an emphasis on for the time being, since it can be any time to break for further down, and where we come from?
So, what are the support levels for a single bitcoin? Look at the volume, you can see there is currently not too good. In terms of market cap are we in relation to yesterday’s three-billion-dollar-fall. In other words, no serious buyers for bitcoin.
The question, then, is at what price one wants bitcoin, however, to go out and buy? It Is the “golden pocket” level, which is between $7.200 to $6.900? This would not be such a wise idea. If those support levels and it’s not going to keep it, then we are still in the $6.000 range, which is the outcome for bitcoin.
The reason for this thinking is because there is plenty of support for the BTC. Please see the chart below for more information about the possible price for a single bitcoin.
Bitcoin (BTC) chart
In the chart of bitcoin is to zoom in on the current situation. We may have a trendsupport line, which has been since the beginning of February of this year.
I’ve got a potential share subscription, which might be very interesting for bitcoin. What we are still missing a large amount of volume.
We would be very, very good now to be able to bounce on trendsupport. This is not possible, and we travel through it, then it’s golden, a pocket level, a good option for you, but we have to look directly at it, now even being trendsupport, which may serve as a trend-resistance.
So this will just put a spanner in the works can throw them in for bitcoin in the future. Refer to the chart for more info.
Bitcoin (BTC), the 4-uursgrafiek
I’ve got a 4-uurskaart to the immediate support and resistances into bitcoin. We see this as a very good resistance block, which ranges from $7.800 to $8.000.
This would be a very logical rejection, may be. I expect that if we are ready now to go, there is a rejection, and that in the end we continue to go back to the golden pocket-level deal ($7.200 to $6.900, refer to the diagram below, ed.).
This would be a very nice shopping moment, from my point of view. My hope is that there will be enough buyers for bitcoin to at least have a prijsimpuls to give up.
Not even inkoopmoment’
Bitcoin is not a inkoopmoment, it will be for me to be around in the golden pocket is level. I am expecting some buyers to bitcoin. We’re going to do in the next days.
3 times a week with a bitcoin update, in video form? Check out our Youtube channel.
Join the conversation in our Telegram group
If you want to learn trading? Be sure to Check out our courses on our web site.
Thank you for signing up!