Sunday, May 12, 2019
Bitcoin rose parabolically this weekend with more than 20% gains in two days. Although $7'500 showed signs of resistance, $8'000 seems to be very close.
Actual support/resistance: $7'000/$7'500
The analyst is on the weekend.
The analysis is based on the latest close price (00:00 UTC time, daily basis)
Disclaimer: This is our way of communicating with our community. It is meant to be used for informational purposes not to be mistaken for financial advice. Our opinion, when shared, is just that, it may not apply directly to your individual situation. Any information gleaned here is to be used at the readers' own risk, SwissBorg does not accept any responsibility for individual decisions made based on reading our daily blog. Any information we provide on our daily blog is accurate and true to the best of our knowledge, there may be omissions, errors or mistakes. Copyright © 2019 SwissBorg, All rights reserved.