(30 OCTOBER 2017)BITCOIN (in USD):Monitoring all-time high.
Monitoring all-time high.
(By Yann Quelenn )
• Bitcoin remains weak as long as prices remains
below the key resistance at 6063. Strong support
stands very far at 2975 (22/08/2017 low). However
with rising trend unbroken road is wide open for
further bullish momentum. Support can be
located at 5325 (rising trendline). In the shortterm,
the digital currency should continue rising
above $6000.
• In the long-term, the digital currency has had
an exponential growth. There are decent
likelihood that the asset will reach $10'000.
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