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

#941
margincall
margincall
Keymaster

Taking a look at the Bitcoin market vs the Dollar this morning and we can see that there is some resistance forming between 8300 – 8200. This has given us sideways price action for most of the last few days.

Bitcoin can go in either direction from here with the rest of crypto space looking very bullish.

Support levels 7800 and 8000 with the latter being the big psychological support level at this point in my opinion. Should support break expect a bloody weekend for BTC. Look to resistance to break for a new ATH on the BTCUSD pair. Safe trades.