Levels to Watch BTCUSD
Updated
BTCUSD bounced back down rejecting to the penny the 20 EMA. Religiously reacting to this level.
Expect BIG Short term Support at 7100 and 6450
Expect BIG short term Resistance at 8300 and 8600
Expect BIG Short term Support at 7100 and 6450
Expect BIG short term Resistance at 8300 and 8600
Note
BTCUSD still fighting to get price back above 7800 level!Note
BTCUSD again reacting to the penny to the 20 EMANote
After fundamental news, Trendline (blue line) was broken abruptly. This caused Bitcoin to fall hard. After such a BIG fall, a retracement should be expected. 6450 level is the next level to watch as next support.
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