BTCUSD buy on bounce off 6800 price level

Jul 18, 2018

Last few days have seen quite an explosive buying surge (~ 10 billion usd) in bitcoin, at this moment it's at a strong resistance level.

I'm expecting a good bounce off the 6800 price level (resistance becomes support) which will be a good test for the bulls.

Wait for the signal on the 6800 support level to buy into the next bull run.

Jul 24, 2018

Note

Around 9000 there's resistance, it might drop to previous support before it breaks

Aug 4, 2018

Note

Watch this level around 6800, on a convincing bounce we could see the start of a bull run

Aug 8, 2018

Note

broke passed the area of support, negative sentiment is still strong.

Aug 10, 2018

Note

It broke support, retest of 6600 support line and looking bearish

Oct 3, 2018

Note

We're still in the wedge, could go either way

Nov 6, 2018

Note

6800 is still a key support resistance level and a safe bet to place the buy order. A bit more patience