Bitcoin | Facing an Important Resistance (Daily MA50) ..!!

4 Jan 2020

BTC/USD (Update)


Yesterday, BTCUSD Did Well After Little Crash, (Not Update Last 3-4 Days)

Inside the Descending Channel, BTC is Forming Another Descending Channel (Dotted lines)

Now Facing An Important Resistance (Daily MA50) ,If Failed to Break it then It Might Test Again 6.8-7k Area.

In Bullish Case, (If MA50 Broken) It Might Test 7800-8000 Key Resistance Area, For That Bulls Need More Strength..!!


In My Point of View, Bitcoin Has Already Bottomed out & Once We Broke 7.8k Resistance, Channel Breakout Expected in Mid January 2020..

So Accumulate Bitcoin As Much as You Can & Hold it Tight For Your Future..!!


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