We mentioned in our last post that BTC will test 12K level, BTC was quite close on 20th Feb at 11788 and again bit lower at 11700.
BTC made down move since then and tested 9K level. 9K level has now become a very significant level, BTC today seems to be bouncing back from 9K level means the volume pumped in the market yesterday and today was not enough to push is down further.
Over the period we have developed our own unique indicator and customized technical analysis to work with highly volatile and multi exchanged Cryptos. Combination of cyclic theory, our innovative indicator and power of technical analysis gives us unique ability to project trends and turning points for Cryptos.
Using our unique method, we see that BTC will be highly volatile for next few weeks and it will remain sideway between 9K and 12K until about 21 March. But the major moves start from 8th April 2018 with panic selling. The overall condition still remains bearish with major moves starting from 8th April.
BTC made down move since then and tested 9K level. 9K level has now become a very significant level, BTC today seems to be bouncing back from 9K level means the volume pumped in the market yesterday and today was not enough to push is down further.
Over the period we have developed our own unique indicator and customized technical analysis to work with highly volatile and multi exchanged Cryptos. Combination of cyclic theory, our innovative indicator and power of technical analysis gives us unique ability to project trends and turning points for Cryptos.
Using our unique method, we see that BTC will be highly volatile for next few weeks and it will remain sideway between 9K and 12K until about 21 March. But the major moves start from 8th April 2018 with panic selling. The overall condition still remains bearish with major moves starting from 8th April.