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Rant & Rave Blog

Trend On Bitcoin Is Still Down, But Watch This Level For A Change

Posted by Gareth Soloway Thursday, September 13, 2018, 02:53PM ET

Read 771 times

Bitcoin is still making lower highs, even there has been slight positives with the cryptocurrency making slightly higher lows. The key is going to be when Bitcoin trades back above $7,000. There is a trend line connecting all the recent highs going back to early 2018. If Bitcoin can bust above that, it will likely take out the high at $7,350 and make a higher high. Once that happens, institutions will start buying heavily and upside could be back above $10,000 within months.

 

Options & Stock Action, Check Out The Trades Here!

 

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