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Topic: Bitcoin has 2 important support lines, possible break to 6k area ? - page 2. (Read 265 times)

legendary
Activity: 1568
Merit: 1041
1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR
Hi guys,

I'm looking at 2 major support lines which I think will be very important for the immediate future for Bitcoin.
As well looking at a short position when we break it.

Check the analysis at : https://youtu.be/k_vwzCvJcJc

In the video from 2 days ago, there is a swing trade with possibilities to increase your BTC holdings by 5-10X be sure to check it out!

Looking at the 1 day chart, we seem to be hitting one of those support lines as we speak. If Bitcoin dips down below $8,000, then somewhere around $6500 is likely. The RSI on the 1 day chart also shows that it should be trending up a bit though. While I think it's probably going to trend upwards, I really have no idea what's going to happen if we dip down below $8,000. If I were looking to get into Bitcoin, right now would be just fine. Even if it does dip down a bit, it's going to trend back upward very soon.
newbie
Activity: 25
Merit: 3
Hi guys,

I'm looking at 2 major support lines which I think will be very important for the immediate future for Bitcoin.
As well looking at a short position when we break it.

Check the analysis at : https://youtu.be/k_vwzCvJcJc

In the video from 2 days ago, there is a swing trade with possibilities to increase your BTC holdings by 5-10X be sure to check it out!
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