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Bitcoin needs the last fall before THE bull run

BITSTAMP:BTCUSD   比特币
A boring Bitcoin has recently taken over the crypto market. Low volatility and ranging prices during the last 3 days that haven´t left much room for many trading opportunities.

Currently, the price is consolidating the support at $9,400. If it shows to be solid enough, we can see new increases to $10,100 and $10,600. However, if the volume doesn´t support the price at the current zone, we might see further falls to $8,800. Support were there will be a lot of demand and for sure will drive the price up.

For a bull run, the Bitcoin price needs to break $11,000. This resistance and $13,000 will determine when the next bull run kicks off.

The Copilot

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