BTC update 2.0 18th may

BTC now trading around 8000. This big support was broken a little bit but is still holding. If we brok this support we will see 7800 as next support. A lot of analysts see this as a reversal level, we do too but are always a little cautious until we have more data. For now we are in this descending triangle, this normally means a reversal upwards. Lets hope we finally see a reversal it is long overdue. If we do not see a reversal at 7800 the next major support will be 6500.



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