Bitcoin Price Prediction

Bitcoin saw a wonderful run and touched $9000. It is, however, hit the major resistance and supply zone and may fall since it failed to cross the supply zone. There is a good possibility of it touching the first support zone of $8568-8650 or $8123-8222 in few days. However, traders should be cautious here and wait a little to see the further trend.

Bitcoin

The price has been continuously going upwards and some correction was imminent. See thee supply and demand zones in the above picture.

 

 

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