Karim_Ullah

BTC USD 1D chart

Short
BITSTAMP:BTCUSD   Bitcoin
BTC may dip a little bit in the coming week but there is a very strong support at 6100 USD and if BTC falls below 6150 USD, the next target will be 5870 USD which is considered as magic touch line (Red line) for BTC. This magic touch line (Red line) never broken in the history of BTC. So, we can say 5800 USD is rock solid bottom for BTC and people who are expecting 3k or 4K USD BTC will never come in true.

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.