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 percentage of chances which suggests that market might go Bullish but still until $9200 breaks, I would advise all to be a little cautious. I would also suggest to have a strong look on several good performing Alt coins to make out some good profit.

#isupportcrypto

-Vaibhav Gupta (Crypto Advisor, Website consultant, Digital Marketing expert)

For feeeback, suggestions, queries related to cryptocurrency please Call/WhatsApp to +917980793032


Comments

  1. Unknown15 October 2018 at 02:31

    Thank you for sharing this information.
    CoinOrbisCap is the best user-friendly financial app who take digital currency seriously. Gives you quick access to crypto prices, market cap, coin chart, crypto news on over 1500 currencies.

    Download here for FREE!!

    ReplyDelete
  2. yousuf16 October 2018 at 22:54

    Thank you for sharing this information.
    CoinOrbisCap is the best user-friendly financial app who take digital currency seriously. Gives you quick access to crypto prices, market cap, coin chart, crypto news on over 1500 currencies.

    Download here for FREE!

    ReplyDelete

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