Bitcoin is in overbought zone, here has to come a correction (it is possible that we´ll go to 9400 first, but the correction will start in 1-3 days.
1st support: 8200-7900
if this support holds the price, it will be confirmation of Bitcoin strength and new bullish cycle. We will have to live with that.
If it fails to hold the price, we´re moving to vext important support:
2nd support: 6800 - 6500
If we hold this support, than the market can´t really decide what it wants. that´s sign of consolidation, so in this case I will be a buyer.
if it fails, levels like 6000, 5500 and 5000 are totally open
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1st support: 8200-7900
if this support holds the price, it will be confirmation of Bitcoin strength and new bullish cycle. We will have to live with that.
If it fails to hold the price, we´re moving to vext important support:
2nd support: 6800 - 6500
If we hold this support, than the market can´t really decide what it wants. that´s sign of consolidation, so in this case I will be a buyer.
if it fails, levels like 6000, 5500 and 5000 are totally open
If you want more of such a quality content, don´t worra and give me a like, and subscribe. If you want to share any ideas of BTC, please tell me in the comment :-)