Crypto Screener Forums Bitcoin (BTC) Forecast – Technical Analysis Bitcoin (BTC) Technical Analysis – October 2017 Reply To: Bitcoin (BTC) Technical Analysis – October 2017

#749
AndreSnyman
AndreSnyman
Participant

Bitcoin is still bullish until the trend line breaks at 5300, but I think it can come down short term to test the support zones.  I am only trading my trend lines, it will not let me sell at the top or buy at the bottom but it will keep me in the trend.  I  will be keeping my long bitcoin positions and only sell when the trend line breaks.

Support: 5480 and the big test at 5300.

Resistance :5800.

This week will be interesting with all the news! Btc gold will happen sometime from 25 October. I will be looking to invest very heavily in the alt coins after btc gold.