$8500 & $8700 Major Resistance for BTC right now.

#BTC Update

Bitcoin Exactly dropped from our $8500 level. Currently BTC has good support near $8000 - $8200 and resistance at $8500 and $8700.

what's Next ?

BTC will go side ways for some days between these levels before making any significant move.

So we are watching price Action for perfect entry for good profits.

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Going Sideways as predicted 🙌

There is possibility of another wick but over all trend is down. High chances of going downward even if price pumps little bit.

Targets: $8100 - $7900 - $7700

BTC Approaching strong resistance zone.

$8500 - $8700

$8500 - $8700 Strong Resistance.

$8575 Yearly Strong Fib Resistance.

Binance
#BCH/BTC Take-Profit target 3 ✅
Profit: 9.6718% 📈
Period: 1 Days 6 Hours 22 Minutes ⏰

Binance
#BCH/BTC Take-Profit target 4 ✅
Profit: 14.658% 📈
Period: 1 Days 17 Hours 52 Minutes ⏰

February is best month for High BITCOIN Gains.

We stopped out for this trade.

Chinese Stock market is dumping due to corona virus And Bitcoin is pumping.

$9200 and $9500 are major resistance now.

Doing long or short right now is like catching running train.

Wait for correction or setup confirmation to take new Trade.

BTC Rejected from $9200 resistance.

Bearish Sign : Parabola broken with double top

ByBit, BitMEX
#BTC/USD Take-Profit target 1 ✅
Profit: 100.0% 📈
Period: 1 Hours 34 Minutes ⏰

Current CME gap levels are: 12000,9200,8500,3900,3500

Bitstamp-BitMEX-Coinbase-Bitfinex Heatmap: Multi Layer sells everywhere 9500-10k huge resistance area.

BTC is getting rejected multiple times from $9400.

Once $9200 is broken Bitcoin will drop to $8700 support.

BitMEX, ByBit
#BTC/USD Take-Profit target 1 ✅
Profit: 153.8134% 📈
Period: 10 Hours 43 Minutes ⏰