As our previous post our prediction are it difficult to test $4444 . Because mining expences are near about $5782.
from last day negative commentary seen from CEO of paypal Bill harris mantion in interview with CNBC that. " the cult of bitcoin many claims - That it's instant , scalabal, efficient, secure, globally it is none of those thing.
In previous post $5872 to $6510and yestarday intraday low is $5940 and high is $6400.
Bitcoin price has a bullish divergence but it test EMA 50. Bearish 4H chart shows below.
stochastics shows bearish mode, RSI creat bullish divergences. Also ossicilator shows bullish divergences.
If it breaking $6039 than the price move again $5782 and if it break $5782 than it divergence to $5300 to $5500.
support level 1st is $6039.
resistance level 1st is $6510.
support level 2nd is $5872.
resiatance level 2nd is $6964.
Expected trading for today between is $5782 to $6510.
Trading trend of today is bearish.
Thats it.
If you have any query comment me.
If you like post UPSTEEM it and RESTEEM it.
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