Bitcoin Technical Analysis

23 באוג׳ 2017

yesterday bitcoin bounced back sharply after touching 3600$ and now trading above 4100$. But we should be ready that the market will fall and 3000$-3500$ will be strong support zone for bitcoin price and of course buying between this range will be a wise decision. Technical indicaters also signaling downtrend movement. RSI looks like oversold and now ready to run towards lower level, and if bitcoin price clear 3300$ support, then 3000$ will become strong support zone
Good Luck!