CryptoPatel

Bitcoin Current Update Bear Vs Bull

Short
BITSTAMP:BTCUSD   Bitcoin
Bitcoin Now trading Above $8400.

Overview: Yesterday I told You if Daily Candle Close above $8300 then we can see some Spike.
So Now Bitcoin Went upto $8490.

What Chart Says..?
Now We can say that 8 hours Time Frame $8498 Is Resistance of 200MA.
If daily Candle Close above $8500 then I am Bullish till $8900.
But
if Candle close Bellow $8400 then I can expect some Leg down.
But remember if we breakdown $8300 Support then Ready for $7800-$8000

I am buying more Bitcoin every Dip.
Dip = buying opportunities

Support: $8200/$7800
Resistance : $8800/$9800

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