bitcoinexpertindia

Bitcoin trying to bounce back from $9500 for the second time !

COINBASE:BTCUSD   بتكوين
$9500 is s strong support for Bitcoin. This is the second time it is trying to bounce back from this point.It needs to close the daily candle above the support to make next upward move.

Good news is over 16 Million Future contract bought around $10200 and you can see after that #Bitcoin spiked in no time.

RSI is in control but the major concern is 21MA as many times it bounced back from there but this time is over closing candles.

Resistance - $11500 $13500
Support - $9500 $8400
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