Crypto_Advisers

Bitcoin Technical Analysis

Short
BITSTAMP:BTCUSD   Bitcoin
Last day, News from china just shake the market completely & then Bitcoin dropped very sharply below 4400 support but also a very quick bounce back happen .The market can reach 4000.00 support level one more time. This is integral & major support right now that will decide either btc will go up or down. If the price bounces from it, it will be a confirmation of possible upward movement and fresh shopping signal. Indicators will have to confirm price reversal. If the market breaks it and moves lower, we'll see falling to 3700.00 levels and even lower. will it be a same situation like in june,? upcoming few days will decide this..
Trend lines Marked on chart!!!!

Good luck!!!!

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