Bitcoin Resistance Levels for Increase

26 jul 2017

I think that if bitcoin is able to break out of this descending triangle it will fall to previous support levels, or it will rise to the areas of resistance met before. I am interested in the buying Bitcoin as it has had 3 and possibly 4 bounce backs on the $2400 line.

27 jul 2017

Nota

Bitcoin has reached the first point of support / resistance. Hopefully it will hang around in there while making a gradual climb to $2600. I will update with relevant information as it comes in.