Bitcoin (BTC) - Nr 2 - Testing an important support

View this thread on: d.buzz | hive.blog | peakd.com | ecency.com
·@stilltnc·
0.000 HBD
Bitcoin (BTC) - Nr 2 - Testing an important support
![BTC 25_02.png](https://steemitimages.com/DQmQ7jEjvoVzfASk3qnCCJaThUYRkpEe9GcQXRHb354E3xB/BTC%2025_02.png)
<p>In the <a href="https://steemit.com/bitcoin/@stilltnc/bitcoin-btc-going-to-next-resistence">first post that I made&nbsp;Bitcoin chart</a>, I told&nbsp;about the resistence around $ 9,300 - $9,600. BTC has passed this resistence on February 15.</p>

<p>Now, days after this movement, we are testing this level again, but as a support, like&nbsp;as shown in the chart. So, Bitcoin has two possible ways; comeback to next support around $ 7,900 or test the resistence on $ 11,775.</p>

<p>Looking at the volume, decreasing in the fall price,&nbsp;and the RSI tool, below 35,&nbsp;I believe the&nbsp;most likely&nbsp;movement is come back to $11k level.</p>

<p>I&#39;ll keep you updated.</p>

<p>Obs.: Do not take any material or analysis in this blog as a recommendation. It&#39;s just my opinion and this is not a financial advice.</p>
👍 , , , , , , , , , , , , ,