Post
Topic
Board Economics
Re: resistance and support level
by
Xester
on 28/03/2017, 12:30:23 UTC
how can i work out the current resistance support levels for bitcoin ? any advice would be appreciated

If you want to make a resistance against price deflation then you must ready a large amount of dollars. Let us say you set 1 billion dollars on buy order at 1000$ then there is a good wall that can resist dumps. It will only be removed if somebody sells 1 million bitcoins then the wall is destroyed.