{"id":11776,"date":"2020-08-15T05:50:29","date_gmt":"2020-08-15T05:50:29","guid":{"rendered":"http:\/\/emilynews.com\/blog\/?p=11776"},"modified":"2020-08-18T21:08:53","modified_gmt":"2020-08-18T21:08:53","slug":"news-commentary-1138-bitstil-12k-rejection-for-bitcoin","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=11776","title":{"rendered":"News Commentary #1,138 &#8211; BitStil | $12K Rejection For Bitcoin"},"content":{"rendered":"<p><a href=\"https:\/\/emilynews.com\/link.php?id=1367\" target=\"_blank\" rel=\"noreferrer noopener\" data-rich-text-format-boundary=\"true\">BitStil <\/a>(reviewed <a href=\"https:\/\/emilynews.com\/blog\/?p=10890\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>) continues to inform its members and visitors about news from the world of economics and cryptocurrency. This time, Bitcoin and its latest movements are caught under the BitStil radar \ud83d\ude42 .<\/p>\n<p>Last 2 months were very interesting for different cryptocoins and especially for Bitcoin, so i hope this information will be useful to you.<\/p>\n<p><a href=\"https:\/\/emilynews.com\/link.php?id=1367\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10853\" src=\"http:\/\/emilynews.com\/blog\/wp-content\/uploads\/2020\/05\/bl468.gif\" alt=\"\" width=\"468\" height=\"60\"><\/a><\/p>\n<blockquote><p><strong>BTC\/USD<\/strong> has been on a downward move after partially breaking the $12,000 overhead resistance. In early August, buyers broke the overhead resistance twice. On August 2, BTC reached a high of $12,097 but fell to $10.548 low. <strong>Yesterday, the king coin reached a high of $12,065<\/strong> but was repelled; the market is still on a downward move.<\/p>\n<div>&nbsp;<\/div>\n<div>Bitcoin bulls failed to break the overhead resistance because sellers are in strong defense of the resistance. Bitcoin has continued to retrace in the last 24 hours. If the selling pressure is strong the downward move will persist. However, buyers must sustain the price above the $11,000 support. On the downside, if price breaks and closes below $11,000 support, Bitcoin will be showing signs of weakness.<\/div>\n<div>&nbsp;<\/div>\n<div>Next Possible Direction Bitcoin uptrend is still intact despite the recent downtrend. The current support at $11,700 is likely to hold and BTC will rise. In the recent uptrend on August 1, the red candle body tested the 0.236 Fibonacci retracement level. This explains that when the uptrend resumes BTC will reach the 4.236 Fibonacci extension level which is the $15,000 high.<\/div>\n<div>&nbsp;<\/div>\n<div><strong>Join BitStil and bring your life quality to a whole new level!<\/strong><\/div>\n<div><a href=\"https:\/\/emilynews.com\/link.php?id=1367\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" src=\"https:\/\/bitstil.com\/bitstilIMAGES\/EN_Bitstill_BTC1.jpg\" width=\"100%\" height=\"\"><\/a><\/div>\n<\/blockquote>\n<p>*********************************<\/p>\n<p>If one of the paying programs on our Monitor appeals to you, please support <em>EmilyNews<\/em> by registering for it on our website. Thanks very very much!<\/p>\n<p>EN <strong>Main<\/strong> web <strong>Chat<\/strong> for Hyip \/ Crypto discussions &#8211; <strong><a style=\"color: #c03939; text-decoration: underline;\" href=\"http:\/\/emilynews.com\/chat\/hyips\/\">HyipChatEN<\/a><\/strong><\/p>\n<p>Telegram Chat for your Crypto and Hyip reports: <strong><a href=\"https:\/\/telegram.me\/HyipChatEN\" target=\"_blank\" rel=\"noopener noreferrer\">@HyipChatEN<\/a><\/strong><\/p>\n<p>*********************************<\/p>\n<p>Be the first to get most important HYIP news everyday!<br \/>\nSimply Follow <a href=\"https:\/\/www.facebook.com\/EmilyNewsOnline\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong style=\"text-decoration: underline;\">EN Facebook<\/strong><\/a>, <a href=\"https:\/\/telegram.me\/emilynews\" target=\"_blank\" rel=\"noopener noreferrer\"><strong style=\"color: #c03939; text-decoration: underline;\">EN Telegram<\/strong><\/a>, <a href=\"https:\/\/twitter.com\/EmilyHyipNews\" target=\"_blank\" rel=\"noopener noreferrer\"><strong style=\"text-decoration: underline;\">EN Twitter<\/strong><\/a><br \/>\nor Subscribe to <strong><a style=\"color: #c03939; text-decoration: underline;\" href=\"https:\/\/feedburner.google.com\/fb\/a\/mailverify?uri=Emilynews\" target=\"_blank\" rel=\"noopener noreferrer\">EN Feedburner<\/a><\/strong> and submit your email address!<\/p>\n<p>If you like this article and want to support EN &#8211; please share it by using at least few of social media buttons below. Thanks and See you tomorrow!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BitStil (reviewed here) continues to inform its members and visitors about news from the world of economics and cryptocurrency. This time, Bitcoin and its latest movements are caught under the BitStil radar \ud83d\ude42 . Last &hellip; <a title=\"News Commentary #1,138 &#8211; BitStil | $12K Rejection For Bitcoin\" class=\"exalt-read-more\" href=\"https:\/\/emilynews.com\/blog\/?p=11776\"><span class=\"screen-reader-text\">News Commentary #1,138 &#8211; BitStil | $12K Rejection For Bitcoin<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":10864,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[4190,4195,4197,4192,4205,4191,4193,4202],"class_list":["post-11776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-information","tag-bitstil-hyip","tag-bitstil-info","tag-bitstil-investment-program","tag-bitstil-news","tag-bitstil-review","tag-bitstil-scam-or-paying","tag-bitstil-update","tag-https-bitstil-com-refemilynews","exalt-entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>News Commentary #1,138 - BitStil | $12K Rejection For Bitcoin - EmilyNews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/emilynews.com\/blog\/?p=11776\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"News Commentary #1,138 - BitStil | $12K Rejection For Bitcoin - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"BitStil (reviewed here) continues to inform its members and visitors about news from the world of economics and cryptocurrency. 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