Community post
Bitcoin price analysis EOD 3rd october
Over the last couple of weeks bitcoin recover majority of loss due to china's ban of ico and comment of Jp morgan ceo . Last trade price is 4293 which is slightly below weekly high of 4453 
Trend line is still bullish and trading above 50 day SMA. We are still bullish unless it breaks the trend line marked in red. if the trend line keeps intact we hope that its previous high of 5000 would be retested. It it breaks the trend line next support zone would be 3700 zone.
Replies (9)
Great post thank you for the insight. I'm looking forward to this event great!!!
great post by the way, upvoted and following for more :)
you are most welcome and thanks for your comment.
you are most welcome and thanks for your interest in the post.
follow back if you find my posts useful :)
That's a great post @pro-analyst. I'm seeing a inside bar right now in daily chart and the market is choppy. So, let's see in what direction it breaks :)
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STOPSeems its heading toward 5000!!!good to see the recovery