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See What Will Happen To Bitcoin Next As It Hits $7000

Discussion in 'Bitcoin Investments | Discussions' started by Prezzy, May 17, 2019.

  1. Prezzy

    Prezzy Leader Protector

    Bitcoin has been falling since the past 24 hours and it has hit a major support at about $7000.
    It kept hovering above the $7000 line and below the $7200 line for a steady 2 hours or so. It has only recently shot ahead to $7230
    bitcoin pull back chart.png-See What Will Happen To Bitcoin Next As It Hits $7000

    However, Bitcoin is at risk of going into a much bigger pull mark if it hits the $6700 support and goes below it.

    I do not think that it will fall below $7000 in the short run but if it does, $6700 is the next support and it will most likely get there easily. That will be a decisive moment in recent times.
     
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