Today the cryptocurrency community is excited for the first year of Bitcoin at the pump, but what traders are talking about the future movement of BTC? Where it will be price movement where its level of support or resistance?
According to eToro analyst, Mati Greenspan, bitcoin traders have long been waiting for overcome $ 4200, once the resistance was broken, we had a lot of buy orders.
The well-known trader Crypto Twitter @TheCryptoDog believes that now support Bitcoin is $ 4250, the following mark is to confirm the momentum — $ 5000 and $ 5500.
However YouTube trader NicTrades I’m not sure that the downtrend has ended. She believes that the fall in the area for $ 4300 it is possible.
Other traders either celebrate, finding explanations, or share their thoughts on the future of Bitcoin. For example, Samson Mau sees the reason of growth that Bitcoin began to grow because more and more people began to buy and holdit it.