##Bitcoin Price Support and analysis

hemaram (40)in #mgsc • 6 years ago (edited)

Hey guys

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##Bitcoin weakly chart

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Looking at the chart, the price is showing a few positive signs above the $6,000 level. However, it must break the $6,500 resistance and settle above the 100 SMA. If not, there is a chance of a bearish reaction back towards $6,000. Below this, the price will most likely retest the $5,800 support area.

Bitcoin again very soon 20000$

Thanks