Bitcoin Technical Analysis: QUICK UPDATE
Bitcoin surged up to $5,345 (Coinbase) before dropping back below $5,000. It’s currently trading around $4,945. Volume remains very impressive at $20.8 Billion for the day.
Price has decisively broken above the 200 Day MA, an excellent sign for bulls. Keep in mind that does NOT mean we won’t see a drop in the short term.
In today’s analysis I discuss where price may go from here, key areas to watch and so much more. I hope you find it helpful.
Video Analysis:
If you don’t see the above video, navigate to TIMM (https://mentormarket.io/workin/) or Steemit in order to watch.
I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!
Workin
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Twitter handle is @Workin2005 and Facebook is https://www.facebook.com/Workin2005
Feature Image By: Saul Gravy
Great post as always @workin2005
I hope you are well, we haven't chatted in a while. I try to stick in a support every now and then once my PHC duties are covered.
This spike has made me a little nervous for some reason. I hope it settles and stabilises.
In a bit of a cheeky moment! I have recently launched a contest that I am trying to get off of the ground. I wouldn't be so bold as to post the url on your blog but if you are interested then it's all over my blog.
I would love to see your entry nominations. 😁
Keep up the good work.
Gaz
Hey Gaz...I'll check it out. Thanks for stopping by!