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RE: Bitcoin Market Update - $9300 Target.

in #cryptocurrency7 years ago

Nice TA, 93/9400 is a heavy area of resistance and is also where the 200 EMA is located, so a breakout from that area should take the price to 10k! 10k would then be the confirmation of a short-term uptrend for Bitcoin. Followed you since I did a Bitcoin TA update as well today!

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Hey @marcopagan, thanks for sharing your thoughts, I agree a break above $10k would certainly reinvigorate the market, I guess a lot will depends on regulations too. Will go have a look at your blog later today cheers :)