alanmasters
Long

Bitcoin Showing Early Signals of Reversal | Next Target $8.2k

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin ( BTCUSD ) is showing early reversal signals.

We can see its price now moving above EMA10 and gaining momentum.

  • If this movement continues, we can expect Bitcoin to hit $8,088 easily followed by $8,200 after.

  • The $7800 - $7900 range is where we can now find strong support. If prices move lower, this will be a very important level.

Right now, Bitcoin is now aiming higher but we still need to see some volume for this move to be strong.

Patience is key...
Thanks a lot for your support.

Namaste.


Oct 20
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