BITCOIN Analysis for May 18, 2018 888011000 110888 Bitcoin has been rather bearish just recently which lead the cost to live at the edge of $8,000. Bitcoin is presently rather weaker than expected when it comes to retracement along the process. The bullish momentum which began after breaking above $6,500 was rather comfy with the gains till the current bearish pressure took control of the market. As the bulls are still rather strong having the bears turning down off the $8,000 rate location presently, certain bullish momentum is anticipated in the coming days which is expected to push the rate higher above $8,500 location. As of the existing circumstance, the spontaneous bullish pressure can just be seen after the break above $9,000 with a daily close which will lead the rate all the method towards $10,000 price area in the future. As the cost remains above $8,000 with a daily close, the bullish bias is anticipated to continue. The product has actually been provided by InstaForex

By | May 18, 2018

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