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3/5/2018 - BTS reached its 50 day moving average at a level of about $11,630, just short of its 2/20/2018 interim resistance level of about $11,900. It then started on a downtrend, easily breaking through its minor support level of about $9,500 on 2/25/2018. The downtrend has continued from there.
BTS may rebound upward from its minor support level at about $8,000 established on 2/11/2018. However, I think it more likely that it will RETEST its 2/6/2018 LOW of about $6,200 established on 2/6/2018. Then, HOPEFULLY, it will rebound significantly and long-term upwards from that major support level.
Select and view the 3 month chart of BTS at: https://coinmarketcap.com/currencies/bitcoin/#charts
BTS may rebound upward from its minor support level at about $8,000 established on 2/11/2018. However, I think it more likely that it will RETEST its 2/6/2018 LOW of about $6,200 established on 2/6/2018. Then, HOPEFULLY, it will rebound significantly and long-term upwards from that major support level.
Select and view the 3 month chart of BTS at: https://coinmarketcap.com/currencies/bitcoin/#charts