🌱BITCOIN SELLING OVER ? | CAN IT HIT 8000 AND HOLD ABOVE ?

in #bitcoin7 years ago


Trading volume break new high yesterday and new lows around 5800. Now it's looking to grip back on the 200 moving average but yesterday was unsuccessful and closed below 200 MA. Let's see how the next few days go, for the candle to find strength and closed above the 200 MA around 8000 price range. Or it will make lower lows to the 5600 or even 5000 making wash and rinse pattern.

Tracking and calculating the previous pullbacks, the 5600 zone if breach, maybe maybe we might see the 80% to 90% pullback level. Ultimately the supply and demand of the market will determine and time will tell.

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nice vid man keep it up!

thanks man ! you too