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September 20, 2020
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Bitcoin Technical Analysis + ETH, BCH, XRP and LTC – Blocksats

As every Tuesday, we have another expert for you technical analysis cryptocurrency prepared by Chartław of Coinquista Labs. What awaits course Bitcoin. Ethereum. Bitcoin Cash, litecoin and XRP in the near future? Below you’ll find the course analysis BTC, and on the official Coinquista blog you can read the analysis of the others digital assets: ETH, BCH, LTC and XRP.

LINK for analyzing the remaining digital moment: https://blog.coinquista.com/analiza-techniczna-kryptowalut-19-05-2020/

What awaits Bitcoin course?

Looking at the quotations of the oldest of virtual currencies, we will notice that the price of BTC has risen over the last week by over 20%, thanks to which the market has again found itself around 10,000. USD. Unfortunately, there was a supply response again last Friday. Although it did not lead to permanent rejection of this zone, the increases that have been going on since then have been much calmer. Today in the morning we again observe the advantage of supply and if only the psychological barrier of 10 thousand. dollars will be permanently rejected, the price of BTC could drop even to around 8 250 USD.

It is worth noting at this point, however, that if such falls occurred and if the depreciation stopped in the vicinity of last week’s holes, then we could talk about the consolidation being formed, which from a purely technical point of view would increase the chances for further increases in a slightly longer time horizon.

It turns out, therefore, that although the price of BTC may drop over the next few days, it doesn’t look that bad in the long run.

Analysis prepared by Chartław of Coinquista Labs.

LINK for analyzing the remaining digital moment: https://blog.coinquista.com/analiza-techniczna-kryptowalut-19-05-2020/

We remind you that on the Coinquist crypto exchange market for 90 days from registration, all users can trade without commission! How to register on the stock exchange, you will learn from this article: Coinquista Registration.

About Graphław:
His name comes from the words: Chart- (from “stock charts”), and -fame (from “fame”), which is the one who praises stock charts. He gives away history traders expert analyzes of company stock prices, fiat currencies and cryptocurrencies. Traders from four parts of the world come to him for advice of the highest importance: Buy? Sell? Should you breed? It was not easy, but the Coinquista Labs team, somehow managed to convince him to share his professional analysis with Blocksats readers. Let his charts look after you!

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