Bitcoin broke Major Resistence! $10,000 within 24 hours!

6 Mei 2018

As we can see, the yellow line ($9800) has been acting as a great support & great resistence for over 5 months, since 27 November 2017 to be exact.

Whenever we went above it, the $9800 was great support, and whenever we went below it $9800 was great resistence.

The last time we were above it was in 15 February 2018. The daily candle closed 20 minutes ago, and we closed above $9800. This is great news for bulls, I'm expecting that we will go above $10,000 in the next 24 hours.

Enjoy your profits everyone!

7 Mei 2018

Catatan

Yesterday I called 10k within 24 hours, i was wrong. It was a nice bull trap, too many people were shorting at $9950 and stopped it from breaking out, made it go down all the way to $9500

We are still in an uptrend, the straight white line (non-dotted) is at $9495 right now & it increases about $80 daily, so it should be at about $9575 tomorrow or higher to respect that line

The dotted uptrend is at $9365 right now & it increases about $60 daily, so it should at about $9425 tomorrow or higher to respect that line

I personally believe going under $9350 will take us down to $9000, I don't think anything will stop it from going down if it breaks those uptrends

7 Mei 2018

Catatan

Something to consider, whenever it touched the resistence line, it went down to a major support area, the first time it touched it, we went down to $6800 (from $9150), the second time it touched it, it went down to 9K (from $9800)

if we will make a higher low, we're looking to find support at around $9400, if not, then we're going back to our previous support at $9000