BTC/USD Technical Analysis
Over the past week, the BTC Price has been stabilizing between 9.5K-9K. If it breaks 9.5K then it can retest 9.8K-10K. Both 9.2K and 8.5K are the Important Level.9.2K, BTC will be dumped at 8.5K if that break. 8.5K is the key level which can take correction to BTC 7.6K - 6.2K if broken
it fell down to $9,100 again and seems to be falling below 9k finally.
i hate this to happen because i have been waiting all this year to hit 5 digits and stays on that level but nothing
happens closer.
the current position of bitcoin is that it has been seen for several weeks that there has been no significant movement.
bitcoin is in the position of $ 9K and continues to move up or down around that price. it is possible that it will fall because it is estimated that from the end of the year bitcoin starts to slowly rise and continue moving until next year. where bitcoin will repeat the events of 2017 and may be greater than 2017 predictions.
actually it is 2016 Halving but turns the effect in 2017 when the bullrun really shows his Power and bring us all the profitbitcoin is in the position of $ 9K and continues to move up or down around that price. it is possible that it will fall because it is estimated that from the end of the year bitcoin starts to slowly rise and continue moving until next year. where bitcoin will repeat the events of 2017 and may be greater than 2017 predictions.
we have been waiting for.
But this halving is affected of the pandemic and the whole world suffer so if there is a delay then expect this to happen.