Bitcoin made a small rally on Tuesday but price is still consolidating between support and resistance.
If price continues to rally, we can expect a reaction from the resistance level around $8,000.
If price breaks through the resistance, the next resistance is around $9,000.
If price starts breaking down, we need to see how it reacts from the $7,000 support level once again.
Good Luck,
CryptoTrendline
If price continues to rally, we can expect a reaction from the resistance level around $8,000.
If price breaks through the resistance, the next resistance is around $9,000.
If price starts breaking down, we need to see how it reacts from the $7,000 support level once again.
Good Luck,
CryptoTrendline