Bitcoin Historical Support/Resistance Levels
So there's the levels of support/resistance for 
BTC and how/why you're seeing some call for $1,100 or $3,000, while others are calling for $4,400 and $5,800.
BTC has held nicely at ~$5 ,800 - I mean, it's held on 3 separate occasions, coming close 2 other times but found support slightly above this zone - so this is pretty much why people are calling $6,000 the floor.
I've got a ghost feed plotted (which you probably can't see) and I'm anticipating some resistance at around $7,800, which could be a bull trap.
So, where isBTC going? Well, UP of course...and down, and up again, and down again....but seriously, you can extrapolate a future price by simply popping a line on the chart. So, make of it what you will but I hope this provides a little insight and clarity for you.
BTC and how/why you're seeing some call for $1,100 or $3,000, while others are calling for $4,400 and $5,800.BTC has held nicely at ~$5 ,800 - I mean, it's held on 3 separate occasions, coming close 2 other times but found support slightly above this zone - so this is pretty much why people are calling $6,000 the floor.I've got a ghost feed plotted (which you probably can't see) and I'm anticipating some resistance at around $7,800, which could be a bull trap.
So, where is
BTC going? Well, UP of course...and down, and up again, and down again....but seriously, you can extrapolate a future price by simply popping a line on the chart. So, make of it what you will but I hope this provides a little insight and clarity for you.
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