BITCOIN Needing To Break $11,775 After Five Bullish Days

in #bitcoin7 years ago

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Bitcoin is going on the 5th bullish day, hoping to break the price resistance level at $11,775. If we see a break of this level, that will be a new higher high on the daily and the next step for confirmation of a trend reversal.

Support is currently at $10,214 and $9,325. These levels should provide plenty of support needed to get to the next step or at least hold for consolidation.

Stochastic RSI is at the top on the daily and looking like it may roll over before too long. Hopefully we will see a higher high before that pullback happens.

Happy trading!

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let,s hope so, 21k btc

hopefully bitcoin will soon increase.

Nice information


Bitcoin price flirting with key resistance. A potential breakout is forming... HODL!

Good analysis. I have the resistance at around 11655 based on Bitstamp pricing. I really think we should see the higher high (I hope!!!).