Bitcoin Price Analysis - November 05 2017

in bitcoin •  8 years ago 

In my previous blog I mentioned that the price of bitcoin is at resistance level at around $7400 level. Now it has broken that level.

Bitcoin Price Analysis Nov 05.png

So, I'm looking for a upward momentum right now till $8170 level. I might sound too optimistic but according to Technical Analysis this level is achievable.

Bitcoin's price is going up like crazy because of segwit2x hardfork. But I think this price will drop below 6000 level after the hardfork and that could be a place to buy.

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Calling @originalworks :)
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Nice, you got a 47.0% @peaceandlove upgoat, thanks to @rasif
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@rasif your Bitcoin Price Analysis is very good. btc regarding study is perfect. I wait ur next blog. thanks so much

Thanks @sujitsawant. I'll try to make more blog posts. Keep yourself updated by following :)