free forever qr code generator Daily Bitcoin Price Update - Unchanged Today, But Formed A Doji Sign

Bitcoin was unchanged today but did move around quite a bit anyways. It went briefly below 10000 and then up to 11200 but fell back at the end to 10850. Here is the daily chart:

Comment: So, today we formed a doji sign and that could be interpreted as a reversal sign but then it needs a confirmation in the right direction. Therefore, Bitcoin needs to cross the descending trendline seen in the chart and we are right at this trendline right now. So it is an absolute must to go above that one before we can be sure of a move to the upside.

However, I do think that it is still more likely that we will move south again since we have not found solid support. Now, that must not need to happen but these are the nearest support levels:

Support 1: 8600

Support 2: 7500

Happy investing!

free forever qr code generator Daily Bitcoin Price Update - Unchanged Today, But Formed A Doji Sign
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Science & Technology	Upload TimePublished on 23 Jan 2018

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