BITCOIN Analysis for August 13, 2018 888011000 110888 Bitcoin has actually been varying in between $6,000 to $6,500 location for a few days now while being quite unstable inside the area. The bearish pressure has actually been quite impulsive earlier which took the price to the NO point from where the earlier bullish relocation occurred to press the rate higher. The price has been a bit bullish for last 2 days which does not suggest any more bullish momentum ahead but an everyday close above $6,500 is expected to inject more bullish momentum in the set with a target towards $8,000 location. As the cost stays above $6000 location with a daily close, the bullish bias is anticipated to continue even more in the coming days.SUPPORT: 6,000 RESISTANCE: 6,500, 8,000, 10,000PREDISPOSITION: BEARISHMOMENTUM: VOLATILE The material has been offered by InstaForex Business-www.instaforex.com

By | August 13, 2018

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