Bitcoin Technical Analysis: TESTING RESISTANCE
https://i.imgur.com/SjmeSY8.png
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Bitcoin corrected to $6,295 (0.382 fib) before bouncing. It tested the $6,360 resistance, but (as of writing this update) was unable to break through.
https://i.imgur.com/7ywuEwB.png
Looking at the daily chart, we can see price is finding resistance at the 8 day EMA.
https://i.imgur.com/Uj2sw4t.png
In today’s video analysis I discuss, where price may go from here, the bearish statement made by BitMex CEO Arthur Hayes, traps to avoid and MUCH more. I hope you find it helpful.
Video Analysis:
https://youtu.be/M0pIOF4eobk
If you don't see the video above, navigate to TIMM (https://mentormarket.io/profile/@workin2005) or Steemit to watch.
I hope this is useful. I will be happy to answer every question in the comments section below. Until another time, hope you make a safe and profitable trade!
##### Working in
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### @sunbahri

