Major Analysts’ Opinions: Bullish Outlooks Despite Recent Plunges


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, editors have selected opinions from popular crypto analysts for your market analysis.
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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