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.
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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
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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.
no..last year it had a small bounce, but a big drop after that
maximdelendik
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@jostitrade, It looks like it was not bad raise. From 14 May 2017 - 25 May 2017 price raised up around 50% -60%. The only difference we had impulse phrase, but today we in correction phrase.