Price Action Context After a long-term corrective pullback into the key support around 6500$, buyers came back mid-December last year and have since pushed price 3500$ higher, clearing a LT S/R zone in the process. Trending Analysis Our long-term bias on Bitcoin is bullish and if this long-term S/R zone holds as support, further upside is likely. A strong daily break and close below 9000$ on the other hand would open up for a potential move down towards 6500$-7500$ again. Long-Term Key Support & Resistance Zones R: 13000 – 13900 S: 9050 – 9750 Visit our website at 2ndSkies for more price action content, free trading lessons, strategies and videos. Find out how we can help you to change the way you think, trade and perform. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin – American Wrap – 18 February FX Street 2 years Price Action Context After a long-term corrective pullback into the key support around 6500$, buyers came back mid-December last year and have since pushed price 3500$ higher, clearing a LT S/R zone in the process. Trending Analysis Our long-term bias on Bitcoin is bullish and if this long-term S/R zone holds as support, further upside is likely. A strong daily break and close below 9000$ on the other hand would open up for a potential move down towards 6500$-7500$ again. Long-Term Key Support & Resistance Zones R: 13000 - 13900 S: 9050 - 9750 Visit our website at… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
