Bitcoin is on the way to 5000

11 jul 2018

The market is in uncertainty, we see local growth on average by 10-20%, perhaps it is the beginning of a rebound after a long strait down. The bitcoat graph shows the resistance zone around $ 6,630, there are attempts at breakdown, but without volume. Buyers are needed to grow, the current task is to overcome the level of $ 6,630 on volumes and consolidate above it. Then it is an opportunity to sell some of the assets in dollars at more expensive prices, increasing the dollar component in order to buy up lower prices at more favorable prices: $ 4,040 and $ 5,090. As one of the options, now a false breakdown is possible with a further strait down, this must be prepared.