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Pausing below 4500.
(By Yann Quelenn)
• Bitcoin is pausing after the massive surge over
the past few days. Resistance is at all-time high
at 4480 (17/08/2017 high). Hourly support lies
very far at 2403 (26/07/2017 low). The road is
wide open for another bullish move.
• In the long-term, the digital currency has had
an exponential growth. There are decent
likelihood that the asset will consolidate above
$1500. Long-term support is given at $1464
(04/05/2017 low).
