(09 OCTOBER 2017)BITCOIN (in USD)):Bullish pressures within uptrend channel.

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.