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Bitcoin Could Return To Recent Lows If It Drops Below $7,120

Ramsey Baker

Summary: Cryptocurrency analyst CryptoBirb believes that $7,120 could be a significant price point in predicting Bitcoins future heading into the new year. In a tweet CryptoBirb stated that by using the Parabolic Stop And Reverse (PSAR) to predict pricing one could expect with a closing 4h or HTF candle below $7,120 that Bitcoin would return to ...

Cryptocurrency analyst CryptoBirb believes that $7,120 could be a significant price point in predicting Bitcoins future heading into the new year.

In a tweet CryptoBirb stated that by using the Parabolic Stop And Reverse (PSAR) to predict pricing one could expect with a closing 4h or HTF candle below $7,120 that Bitcoin would return to around $6,800. However, that system also predicts if Bitcoin breaks above $7,300 the coin could surge up to around $7,900.

By Ramsey Baker

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Link: Bitcoin Could Return To Recent Lows If It Drops Below $7,120   [Copy]
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