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Showing posts from April, 2018

Bitcoin Market Update

Well, Bitcoin is on fire for last 2-3 weeks. Slowly but gradually Bitcoin was going Bullish for quite a few days and now it has broken a strong resistance at $8800 and shoot right across $9000. But a currently it corrected to $8750. All the media and Technical Analysts believes that the next Bull-run is about to start and several predictions are being made for the BTC price by the end of 2018.  Well, being optimistic is good but if we look at charts, BTC still has a long way to go to ATH level of $20000. In order to change the overall trend, BTC has to cross this $9200 with Volume and conviction. We all know the market manipulations happens in this crypto space time and time being. This BTC move toward $9000 might be another market manipulation. So, I would advise all the traders to be cautious while trading Bitcoin.  Current Price is $8841. Strong Support : $7823 Strong Resistance : $9200 This cross happened and predicting Bullish uptrend. So, there's a great percent