Bitcoin Ready For Another Upside Move
Swissquote Ltd | Nov 22, 2017 12:33
Ready for another upside move
Bitcoin has broken the $8000. The technical structure shows a tremendous positive shortterm momentum. Hourly support is located at 5605 (13/11/2017 low). Strong support stands very far at 2975 (22/08/2017 low). In the shortterm, the digital currency should continue rising.
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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