Bitcoin Support and Resistance Levels
BTC is right around $10,700 and moving downward at the time of this post. It hit it's top resistance at $11,645 and bounced down. There are multiple layers of support for Bitcoin right now.
Horizontal Line at $10,300
Downward Trend line that would likely hit right under $10,000
Horizontal Line at $9,400... if that Support is broken is see POTENTIAL supports at $9,000 and $8,400, but those arent as
strong. Nex support level would be:
Horizontal line at $7,900
Prediction: BTC drops, hovers slightly at $10,300 then down to $9,400. From there we see ups and down on our way to breaking through $12,000.
10.7 --> 9.4 --> 12.2
Thanks for reading
Horizontal Line at $10,300
Downward Trend line that would likely hit right under $10,000
Horizontal Line at $9,400... if that Support is broken is see POTENTIAL supports at $9,000 and $8,400, but those arent as
strong. Nex support level would be:
Horizontal line at $7,900
Prediction: BTC drops, hovers slightly at $10,300 then down to $9,400. From there we see ups and down on our way to breaking through $12,000.
10.7 --> 9.4 --> 12.2
Thanks for reading
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