Well-known cryptanalyst and co-founder of Blockroots Josh Rager believes that the bitcoin price that has fallen below $ 10,000 is a real gift that needs to be used.
He expressed the corresponding idea on Twitter on Saturday, when Bitcoin once again dropped below $ 10,000.
$ BTC Scenario
If you want to see it
I’m following below $ 9690 or bullish w / break above $ 10,586 & preferably $ 10,854 pic.twitter.com/4iceC4jaS9
– Josh Rager ? (@Josh_Rager) July 27, 2019
According to Raiger, Bitcoin was at potentially low highs and, most likely, for some time will hold out at levels below $ 9,690. The trader does not exclude that if the local resistance level cannot be broken, the first cryptocurrency can test the weekly support level at $ 9,000.
At the same time, if the weekly trend turns out to be bullish, the price could rise to $ 10,586. A preferred level that would confirm the reversal would be a resistance level of $ 10,854, he believes.
$ BTC levels to watch
A close above $ 10,190 weekly close
It would take a break & close above $ 10,854.
Back to sub $ 9000 pic.twitter.com/nGRsLWsNx6
– Josh Rager ? (@Josh_Rager) July 27, 2019
Be that as it may, Rager made it clear that he did not believe in a change in market sentiment towards bearish, and therefore said that Bitcoin below $ 10,000 could be considered a good gift.
$ BTC Update
The "potential" is playing out with a price below $ 9,690
Lower the-low
4-digit BTC is still a gift https://t.co/Eclvfrs92b pic.twitter.com/ofXvPFNSB7
– Josh Rager ? (@Josh_Rager) July 27, 2019
As of 12:00 UTC Sunday, the weighted average rate of Bitcoin, according to the CoinMarketCap, was $ 9,526.
Follow BlockchainJournal on Twitter !
BlockchainJournal.news
BlockchainJournal.news
