Cryptoforecast #3 -2020/09/12-New Update BTC/USD

Hello everyone,

Eagleboy here again with some analysis for bitcoin.We will start with a sort update from btc/usd in the daily chart.

As we all know btc has breakout from the big triangle despite the resistance that met near the price level of the thick red line. We can't forget the RSI that it is at low levels which is pretty good.

Zooming into the daily chart we see the breakout and the pretty good dip that happend in the previous days. One could say that this might be a movement for a retest. If this happens we will probably see btc reaching price levels maybe under $8k. But this means that the uptrend after that dip will be much stronger.

For now we are sitting at the level of 10.500$ and the fact that it showed a good response at the level of $10k it's a very good thing.

Take care!

@crypto @bitcoin @dailyleo @news @trading @leofinance

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