Bitcoin remains to be in an uptrend. The closest actual target of growth is the dynamic resistance 9171 (upper ). Though from mid-term point of view there are virtually no doubts, that we’ll see the mark of $10000 shortly.
We note an important local support where we can open long-trades today. It’s 8338 (middle ). Correction below this mark is unlikely.
Within intraday time-frame the market stands in the horizontal channel inside (8665-8827). indicator resides in a weak area, therefore the main expectation today will be a continuation of potential accumulation within these borders.
Main scenario: Flat in the 8665-8827 range.
Alternative scenario: Continuation of growth towards 9171.
Looking for potential buy signals during decline of the quotes towards 8665 and perhaps 8338.