Bitcoin Price Analysis - November 05 2017

rasif(57)
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In my previous blog I mentioned that the price of bitcoin is at resistance level at around $7400 level. Now it has broken that level.

Bitcoin Price Analysis Nov 05.png

So, I'm looking for a upward momentum right now till $8170 level. I might sound too optimistic but according to Technical Analysis this level is achievable.

Bitcoin's price is going up like crazy because of segwit2x hardfork. But I think this price will drop below 6000 level after the hardfork and that could be a place to buy.

Bitcoin Price Analysis - November 05 2017 | Ecency