BTC - First attempt to break the resistance line failed

in #bitcoin6 years ago (edited)

Hello all,

As explained yesterday, we need now to break the resistance line in orange to continue the UP.

We did a first attempt and we failed :

BTCUSD.jpg

Let's see if we will be able to test it again and finally break it.

As I warned you also in my previous posts, if we are not able to break that line quickly, we will go back to the support line in green, so it is important that a nice buying volume comes soon to break that line.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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We have to wait and watch

again price of btc descrease why

With the current huge correction in the stock market, especially here in Europe, do you think people will move into crypto in fear of a potential long-term correction/bear market in stocks?

Not yet, they'll rather go for gold

its been doing well the last two days and then yesterday it went down again taking all the coins with it, the coins are trading in the red zone, hope they rebound. BTC will get better with time, hoping this week it breaks the resistance lines and surge

in my opinion bitcoin is a solid longterm investment...the layers and infrastructure that is being built will propel us all to over $1,000,000 per bitcoin...

It's appears that the buying volumes is increasing compares to the previous day volume so by default we should be breaking forth anytime soon. Thanks for the analysis @cryptopassion, this actually revealed your passion for cryptocurrency.

nice bitcoin money post my steemit friend wish you good luk

Sir your post is vry vry helpful for me

Thank you for posting an important post.

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