Get started
bitcoinexpertindia

Bitcoin trying to bounce back from $9500 for the second time !

Bitcoin (COINBASE:BTCUSD)  
bitcoinexpertindia  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Technical Indicators Beyond Technical Analysis Bitcoin (Cryptocurrency) bitcoinforecast bitcoinprediction bitcoinusd BEI bei24 Cryptocurrency crypto BTC
3
0
trendanalysis indicator beyondta bitcoin bitcoinforecast bitcoinprediction bitcoinusd bei bei24 cryptocurrency crypto btc
$9500 is s strong support for Bitcoin. This is the second time it is trying to bounce back from this point.It needs to close the daily candle above the support to make next upward move.

Good news is over 16 Million Future contract bought around $10200 and you can see after that #Bitcoin spiked in no time.

RSI is in control but the major concern is 21MA as many times it bounced back from there but this time is over closing candles.

Resistance - $11500 $13500
Support - $9500 $8400
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.