Again Bitcoin Market May Actually Continue To Show Some Strength Next Target Price Is 28000 Dollars

The market bitcoin all the way up to this particular price level.I look at the chart and bitcoin I see a lot of bearsness I don't see a lot of weakness last trading days.the market has literally just been in a consolidational trading range which is indicative of the buyers consuming and buying up.

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Whoever's trying to sell their bitcoin above 24500 dollars that's a good signal.we're not seeing any selling coming into this space for bitcoin and then the second thing I wanted to show you the trend into the marketing bitcoin is still higher going in favor of the buyers as of which is a very good indication to tell us.

The market is still looking for higher prices.I'm going to look at this on a longer term basis seeing.we ended up higher than the prior week.we kind of saw the price close off the highs is also resembling how buyers came into the market in bitcoin as well.we need to be a little bit cautious as to can we continue to see the price go up.

I mean take a look price has been going up substantially the volume came in heavier than the prior to Wicked price.if the market continues to trend higher the buyers are buying of whoever's trying to buy their into the market.you can see it as long as the market in bitcoin also holds 24,700 dollars also gives us indication prices still a buy .

The market is still looking more bullish than it is bears take a look at this marker already came and tested 25000 dollars.I'm pretty much done I'm just going to go ahead and continue playing some strength to the market in the bitcoin.

I think we need to be a little bit cautious we do got some areas of resistance in bitcoin it's going to be up around 25000 dollars and this market in bitcoin is still bullish.

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