Bitcoin major support on weekly 21/55 EMA and Monthly 21 EMA
It's doubtful at this stage bitcoin will ever get below $8000k because of the major fast rising exponential moving average (EMA) supports which include:
Weekly 21 ($9310) and 55 ($7720) EMAs
Monthly 5 ($9200) and 12 ($7850) EMAs
(All values using Bitstamp)
Weekly 21 ($9310) and 55 ($7720) EMAs
Monthly 5 ($9200) and 12 ($7850) EMAs
(All values using Bitstamp)