Bitcoin Key Support Levels Identified

16 ביוני 2019

Bitcoin has had some decently sized upward movement in the last week. Here are some key support areas to look for a buy at. The main support area currently being tested is the price of 8800 - 8900. If that breaks then we will like see a retest of 8200 and then 7500 (if 8200 breaks). These are some good levels for new money to get invested in for mid term trades. Beware of a correction to below 7500 though, this would bring us to levels of 6000+ most likely. Also, the uptrend presented might be a very good spot to take a long, especially if the price hits it when the line is at a level of 8800 (level of support). Thanks for reading!

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bitcoin: 1NTkRex1gE2iJ63sFQHNpFYkBoeZ3w69FZ
bitcoin-cash: 1GYPijuWfRYtaWmFbPsFjWsozEP3ZXaheq
ethereum: 0x56E49FB49221623C8FC7BE27C49E6d7Ff8d02c70
burstcoin: BURST-S9HQ-84BX-CXX8-4RKBC