Bitcoin Daily Forecast For June 8, 2018

Published 06/08/2018, 07:08 AM

Bitcoin

Bitcoin hit the next target & selling opportunity at 7720/40, with stops above 7800. An unexpected break higher targets 7950/8000, perhaps as far as 8140/8180. holding below 7600 confirms failure, targeting 7500/7495 (now hit), perhaps as far as 7330/10 today. On further losses look for 7200/7190 before the May low at 7035/25.

Failure to beat 7800 targets first support at 7610/00. Outlook negative & on further losses look for 7500/7490, perhaps as far as 7410/00.

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