What is next for Bitcoin $4500 or $11500 ? Where is the support for BTC ? Bull Run or Bull Trap ?

in #bitcoin7 years ago

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#Bitcoin #BTC is still in recovery phase but bulls should keep bitcoin price above the key support level above $6,500

This is a important level if it maintain this level of $6500 with heavy volume then you will see it at next level to $7200 then $8500 then a major resistance at $9500 to get it above important $10k mark if it crosses the in no time you will be able to see it above $11500 within a month or two.

But if Bitcoin is not able to sustain here the the nest support is at $5750 and in worst case if it breaks the you will see it at $4500 which has a major support but we do not see it breaking the $6000 which is a important psychological level.

So if we conclude it then we see #bitcoin at at $7200 if it sustain $6500 within a week time.

We hope it will happen soon as market is now indication some positive moves .

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ya it facing strong resistance at $6500.hope so it will increases soon

but we think you will see $7200 soon

according to my view bitcoin have a strong support level at $6400.
bitcoin will be move $9500 till the end of July. and if it got strong resistance at this level it will hit very soon $11500.