Bitcoin has flown through the many resistances from 5500-6900, and after a quick retracement to the 6800 area, is looking to gain even more. Bitcoin found support on its previous long term support line at 6900 (this one was held for months before the big drop), and is now attempting to break 8000. Large resistances ahead are gold, with $10,000 potentially in the picture. Its important to note that since this is such a quick and explosive rise, a large pullback is possible/probable. That being said, I don't see us seeing sub 5500 anytime soon. Thanks!
*This is for educational purposes only, don't consider this offical trading advice*
*This is for educational purposes only, don't consider this offical trading advice*