6k Is Major Resistance For Bitcoin

in #bitcoin5 years ago (edited)


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Recently golden cross happened and it is extremely bullish sign for bull market. So bull market started? Bull market is not confirm by only technical analysis because crypto market is easy to manipulate. So here we need to taking care of other things to.

Do not depend 100% on technical analysis because we also need to check news, manipulation and then technical analysis and if everyone is showing bullish sing then you can confirm that bull market is started.

But here we need to see major resistance. 6000 to 6100 is the very big resistance and it is not easy to break. Bitcoin was hold this level for many months and it's worked as a support in history.

And big support will become a big resistance too. So now everyone is looking for the 6k level. But before we need to break 5600 level and then 6000 to 6100.

So if 6100 level will be broken and the candle will close above 6100 then it is very good news for bitcoin and all crypto market hodlers.

So guys anything can happen. May be bitcoin will break this resistance in 1st try because this is crypto market and here anything can happen.

Let's see guys. What do you think about next movement ? i want your opinions. in above, i have shared my opinions from some resources. You are agree or not?

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Soon we see how this week end 😀 but this 6000 is not far 😋👌🌟

yes hope for the best

And lets try have steem soon up also :)

yes steem is first then btc ♥

Strong support on the way down is strong resistance on the way up. I remember how long $6k held last year. But something has spurred the current rally, and until we know what that is, it will be hard to say how long we stay below $6k.

i wish that soon it will break 6k $

This post has received a 5.61 % upvote from @boomerang.

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