Post
Topic
Board Trading Discussion
Re: What is the Bitcoin support level?
by
parobber
on 22/12/2017, 17:00:36 UTC
For all you expert traders, what are the support levels for bitcoin? and how many?

Support levels are always changing, there was quite a lot around 13k but that was broken down, this was the previous low and you'd assume that was why. For me 10k will be the biggest support level, it is a big psychological barrier and also a price that a lot of people will have previously considered cashing out. I will be very worried if 10k is breached that we will see a much further fall.