Analysis Bitcoin Price Prediction: BTC/USD new downcycle start towards downside support 8800$

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mark.roberts
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Bitcoin Price Prediction #BTC #USD new downcycle start towards downside support 8800$ Analysis
http://ntvforex.com/news/?id=88a4c0. . 9 16 2020 4 22 30 PM Technical Market Outlook The #BTC #USD pair has broken again above the $11,000 level which was the key mid term technical and psychological level for market participants. The recent swing lower was made at the level of $9,800, but the bulls do not seem to stop just yet as the momentum is still strong and positive despite for long term target 19,000$. The next target is seen at the level of $11800 and $12,200. The nearest technical support is located at the level of $10,000, $9,200 and $8,800. Monthly base Currently, Price holding below under long term trend line, If PriceBreak trend line then we could see a new bull run towards 13200$ and 15,400$. If price Rejected 12,400$ break then we could see downside support level 8800$ where I can expect new bull start towards long term 25k$ Strong DUMP expecting on 12,200$ towards 9800$ and 880...
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Crypto Trading
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