
(09 OCTOBER 2017)BITCOIN (in USD)):Bullish pressures within uptrend channel.
9 October 2017, 13:56

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Bullish pressures within uptrend channel.
(By Yann Quelenn)
• Bitcoin is definitely on a strong momentum.
Strong support is given at 2975 (22/08/2017 low).
Sell walls around $4000 have been broken. Key
resistance can be located at 4921 (01/09/2017
high). The road is wide open for further increase.
• In the long-term, the digital currency has had
an exponential growth. There are decent
likelihood that the asset will reach $10'000.