BitcoinShort
BTCUSD | Should we expect Consensus raise Bitcoin price?
Updated
Globally Bitcoin is in correction phrase. According to the past Consensus conferences Bitcoin price grow up +23% (2015), +10% (2016) and +69%(2017) during 1 week right after conferences took place. Not sure how Consensus will be effect on Bitcoin price today. Please share your thoughts.
Note
Currently Bitcoin price is around 8400 usd. Resistant zone is 8700-8800 usd. Strong support zone is 8000 -7800 usd. Only good Consensus's news background might change something. Otherwise, I think we will test support zone is.Trade closed: target reached
Finally the target of 8000 was reached and Consensus did help us stay above 8200. According to indicators I don't see any positive news.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.