In 5th May
BTCUSD
is Unable to break $10000,
and drop to the support level $8900,
Main Reasons for BTC dumping are,
Technically, the BTC is now forming a Head & Shoulders Pattern, Which is a Bearish Sign.
Fundamentally, 8,200 BTC Moved From Mt. Gox Wallet..Which is another reasons for BTC dumpig.
Now the price is bounce back from $8500 Level, Which works as a Support at this time.
If it breaks the $8500 Level, then the next support will be $8300..
Lets See , Where BTC is moving...
*****If You Like My Ideas,then hit the like button & Follow me for Latest Updates..******
Disclaimer: I am not a financial advisor. Please do your own due diligence when it comes to investing. Never put in money that you cannot afford to lose.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
" Be Happy, Be Disciplined & Keep Smiling "
BTCUSD
is Unable to break $10000, and drop to the support level $8900,
Main Reasons for BTC dumping are,
Technically, the BTC is now forming a Head & Shoulders Pattern, Which is a Bearish Sign.
Fundamentally, 8,200 BTC Moved From Mt. Gox Wallet..Which is another reasons for BTC dumpig.
Now the price is bounce back from $8500 Level, Which works as a Support at this time.
If it breaks the $8500 Level, then the next support will be $8300..
Lets See , Where BTC is moving...
*****If You Like My Ideas,then hit the like button & Follow me for Latest Updates..******
Disclaimer: I am not a financial advisor. Please do your own due diligence when it comes to investing. Never put in money that you cannot afford to lose.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
" Be Happy, Be Disciplined & Keep Smiling "