Crypto Deep Dive – Technical Analysis Bitcoin cryptocurrency review





Crypto Deep Dive – Technical Analysis Bitcoin cryptocurrency review // Today is critical pivot point for BTC. It is testing the resistance level for the third time in less than 2 weeks. Similar resistance level it’s faced before. Just a matter as to when it will bust through it… couple things to also point out, the RSI and MACD dont look too favorable, and most likely indicate that bitcoin may not bust through, but in the crypto space these indicators may not be accurate and that it may in fact have more room to move. If it does we are looking at 10.5K if not, it will test and remain in consolidation space… this may range in support at what it has been doing over the last two weeks or it may drop down to a stronger support level at 8K… either way, do your homework deternine your strategy to include entry and exists and have fun.

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Disclaimer:

I am not a financial advisior nor am I giving financial advice. I am simply sharing my personal opinion based off what I have understood given the current market conditions. I welcome your opinions and suggestions in regard to trading and investing, it is through forums like this we are given the opportunity to discuss options and free flow of information to have a better understanding of the Crypto Currency Environment. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. You should not invest anything you are not willing to lose.

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Crypto Deep Dive – Technical Analysis Bitcoin cryptocurrency review

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