Hi!!! When the support line Become a key resistance.
By the third quarter of 2018, the situation of bitcoin is not good. Bear market risk, do not understand. And the legal uncertainty of the countries. As a result, the money to push the index. Lost from the huge market. Although there is good news. Come out for a while.
However, we can see that. It's still light at the end of the tunnel. When there are some fund companies trying to push. The ETF was set to bring the index down to a low of 5774.72 as of June 31, rebounding to a high of 8496.96.
This time we look at the graph. We can see that last year in the bull market, the short-term BTC will have a significant trendline (the Point line) for key indices until early 2018. I can not stand this. Support (Many people see that it's over. This is a bubbly bubble.)
From the main support and strong. It became a resistance. Investors have to wait harder, according to the technique, we are testing the resistance first and if the price of BTC can stand above 8500/9100, the bull can return to full. Good news. In speculation
Private view The market is still in the form of side-by-side with the key resistance at 8500/9100.
And interesting is the 7200 to stoploss or overhang hands to see the market. If it is still in the downward trend.
Investing is risky. Please study first. Take your money to risk. Do not get into this market.