Moshin_GW

$BTC/USD End of offense and defense at $16,000

Long
BITSTAMP:BTCUSD   Bitcoin
BTC seemed to have surpassed $ 16,000 vigorously, but today it has fallen back and is below the same price range.

The $16,000 is widely known in the news, and it is not that market traders are aware of this price range.
no doubt. However, this price range is a point where not only the horizon but also the 20ma and the uptrend line overlap.

Therefore, while it is easy to be supported, it has a great impact when interrupted.

Whether or not it is supported here is very important, and if it is supported, it is likely to rise to $17,200 next time.
However, if it breaks down, it may drop to $15,400 or $14,600, so we should withdraw here.

Keep an eye on the movement within the last 24 hours.

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