BTC/USD - After having a $600 bounce last night as the weekly closed, we are now seeing a decent support at the $8,000 level.
Looking currently at two possible scenerios, witht he break of first down trend, to slowly with consolidation go and touch the next one at the $10,000 resistance level.
The longer we consolidate above $8,000 level the better in my opinion. Daily is defeintly showing a better pciture with momuntum indicators starting to point upwards.
Want to see this week close above $9,000 and a consolidated push over $10,000 as we establish a new bullish chart.
Looking currently at two possible scenerios, witht he break of first down trend, to slowly with consolidation go and touch the next one at the $10,000 resistance level.
The longer we consolidate above $8,000 level the better in my opinion. Daily is defeintly showing a better pciture with momuntum indicators starting to point upwards.
Want to see this week close above $9,000 and a consolidated push over $10,000 as we establish a new bullish chart.