Bitcoin Price Prediction: BTC/USD consolidates below $9,500

1 Şub 2020

• BTC/USD fell from $9,504.50 to $9,333.85 this Friday.
  
• The daily TradingView shows two strong resistance levels at $9,545 and $9,600.
  

BTC/USD bulls took control of the market this Saturday as the price rose from $9,339.65 to $9,423.17. This follows a bearish Friday, wherein BTC/USD fell from $9,504.50 to $9,333.85, as the price consolidated below the $9,500 level. The daily confluence detector shows two strong resistance on the upside at $9,545 and $9,600. $9,600 has the Previous Month high and the Previous Week high. $9,545 has the one-day Previous High, one-day and 4-hour Bollinger Bands. On the downside, the $9,300 support level has the SMA 5, 4-hour Previous Low and one-day Fibonacci 23.6% retracement level.

Because now a days Crypto market get back to the level when it was in 2017. Because many scam projects has destroyed multiple potential projects. But now a days people has ability to know which project is better. Now a days 2local a project of The Neitherlands focusing on local people and having high challange for banks. Because they have quite amazing feature. Where you can find from their official website.
Website: 2local and their whitepaper.

When these project came to the market. Bitcoin price can even pump to 15000 USD to 21000 USD.