MaximeGalahad

BTC Resistance - Support

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BITFINEX:BTCUSD   Bitcoin
Bitcoin went down last hours, I think it will continue! In my opinion it will go to the 10 294 $ support and then bounce back up again. ( support is indicated in white ) Another big & safe support is located at 9690 $. Current big resistance is located at 10971 $. Bitcoin has the potential to break that resistance and if it does, it will reach the 11 750 $! Like indicated in blue on the chart, BTC is in an upward trend. I also indicated with the yellow arrow that the price is very close from the bottom line of the bollinger bands! So I would personally recommend to buy at 10 294 $.

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