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Major Analysts’ Opinions: Bullish Outlooks Despite Recent Plunges

15:55

Tuesday , August 13th 2019

As of 21:00 on August 13 (UTC), Bitcoin bulls and bears enter a tug-of-war, and there seems no definite evidence to substantiate the next direction on the charts. However, CoinNess.com editors have selected opinions from popular crypto analysts for your market analysis.
Bullish
1. Yohay Elan: BTC/USD enjoys support at $11,240 where we see the confluence of the BB 15min-Lower, the PP 1d-S1, the previous daily low, and the Fibonacci 61.8% one-week. Further down, the next cushion is at $10,838 where the SMA 100-4h, the PP 1w-S1, and the PP 1d-S3 meet. 
2. John Isige: Bitcoin sellers ravaged through the tentative support at $11,000. The price action follows a couple of days of consolidation above $11,000. Looking back, last week’s high at $12,343 marked…

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