BTCUSDT update: Can the bulls hold and fight back? 6k8 bounce?steemCreated with Sketch.

in #btc • 8 years ago (edited)

Hello fellas,

Welcome to another BTC update, as you can see, things were looking ugly during the weekends as BTC is approaching the 6k8 level which was a strong resistance in the past (now it becomes a support). Do the bulls want to fight back at 6k8? Unlikely as i see the movement from BTC to Alt coins rather than new capital flows into crypto.

Likely call:
Short BTC at 7k2.
Stop loss at 7k4.
Take profit at 6k8.

I predict a sideway week between 6k8 and 7k2. 2018-08-06 BTCUSD 7086.png

PS: buyers please patient. Wait for confirmation!

#cryptocurrency #btcusdt
8 years ago in #btc by
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