8DC Crypto

Trade crypto 24/7 at http://www.8dcglobal.com over 60 assets for you to buy & sell, with some of the tightest spreads in the CFD market.

BTC looks to have found a temporary bottom at 20,800 where it looks oversold.

A bounce back has already started and has reached the first resistance target of 23400, should the upside momentum continue expect 23400 to break for 23800.

If the market is unable to overcome 23,400 resistance, expect another drop sub 21,000 and possibly lower as sentiment to all crypto assets continues to sour.

Published by Neil Callard

Forex Trader and Educator. 30 years trading experience, of which 20 years was market making in major currencies in large international financial institutions.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: