Bitcoin support levels reached & held
BTC/USD COINBASE:BTCUSD
If you’ve been holding out on Bitcoin , here are the levels a smart trader would be buying. We’ve finally reached a level on the chart where history has shown high demand, as marked by my white circles.
This analysis is strictly Technical, as Fundamentals don’t matter once you get to high demand levels that are watched by Top Traders.
I won’t predict a new high or breakouts, but I will say that history has proven that levels like this are very strong & highly predictable, based on my technical experience.
If you’re willing to swing trade this move, I’d be looking to take profits around the $38,350 level.
