Bitcoin Forecast April 29, 2019 − 稼げる投資系口コミ情報サイト【Trade Center】

Bitcoin broke down significantly during the trading session on Friday, to close out the week with a very bearish candle stick. Quite frankly, this was a bit of a surprise but there are couple things to pay attention to as we have formed such a striking candlestick.

The first thing that I would point out is that the $5000 level continues to hold as support. Beyond that we also have the 200 day EMA sitting just below the bottom of the candle stick as well. With all of that, even though this is a very bearish looking candle stick I do believe that there will be buyers underneath willing to jump in and try to push this market. If we break down below the $5000 level, then it’s possible that we go down to the 50 day EMA which is colored in red. It’s essentially the $4600 level, and I think that perhaps were getting a bit of volatility and churn in Bitcoin at this point as we have had such a bullish move.

for more analysis: http://www.dailyforex.com