Looking at Bitcoin’s price action today, we see support has been found $7,500. Price respecting bearish channel structure, expecting a push up towards $8,200, stochastic RSI showing momentum heading towards the upside. A rejection from it’s $8,000 resistance leads us to support at $6,500, where we could potentially see a double bottom formation. However if we do close below $6,500, expecting a panic sell off towards $3,000.
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We spend our days following the patterns, technicals and essentials of the present most sultry data about Bitcoin , Ethereum , and different Altcoins, and burrow through all the messiness to discover just the best data for our perusers! In the event that you need the best cryptocurrency to buy / news conveyed straight to your inbox.
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