BTCUSD Correction Continues
In the last 24 period, BTC-USD traded at a high of$ 10,729.03 and a low of $ 9,428.72. Bitcoin cryptocurrency traded marginally lower against the US Dollar over the last day Bitcoin yesterday, with the pair ending the session Higher at 12:01 AM UTC priced at 9,965.57.
The pair is expected to find Mid-Range support at $10971 and its resistance at $12690.
Bitcoin outlook & analysis
Current Support &Resistance Range Today ( Current Pivotal Resistance 10012 )
S1 11680 W R3 14408 S
S2 10971 M R2 12690 M
S3 9980 S R1 11803 W
Bitcoin outlook BTCUSD has a Sell signal on the middle Indicator Band at 10800 Expect Bitcoin in favor of a To retest the Near 10000 (10800) and then attempt to continue to fall with a target near 8500.
Bitcoin is Expect to Drop down and test the $8500 today what 2 thing we do know about BTC right now is it could take sometime but it is ready to push back up the other is in the last 6 times in the last month it ha dropped to test 85000 if caused a buying Spike that drove the price up to as high as 11,704.10 on Mar 05, 2018
the Days looked like this push started on Feb 13 - mar5
Feb 13, 2018 8,926.72 8,958.47 8,455.41 8,598.31 5,696,720,000 150,516,000,000
Mar 05, 2018 11,532.40 11,704.10 11,443.90 11,573.30 6,468,540,000 194,903,000,000