Hello Traders,
If you read my last analysis, I predicted that $7700 would act as an ultimate support for Bitcoin. And guess what happened!???
It bounced exactly around that range ($7707). I want to point out that we start to see RSI/MACD convergence, which is an indication for the trend reversal.
If there is no more negative news, Bitcoin will first contest $9300 (EMA 50).
If you read my last analysis, I predicted that $7700 would act as an ultimate support for Bitcoin. And guess what happened!???
It bounced exactly around that range ($7707). I want to point out that we start to see RSI/MACD convergence, which is an indication for the trend reversal.
If there is no more negative news, Bitcoin will first contest $9300 (EMA 50).
www.coindesk.com/a-v...eady-for-real-money/