CryptoTrendline

Bitcoin in consolidation

BITFINEX:BTCUSD   Bitcoin
Bitcoin continues to consolidate at the flip zone around $9,500.

Price will probably break out of the consolidation range in the near future.
If the flip zone is broken, then price will likely continue up to the resistance level around $11,500.
If price starts to move down, the next support areas are around $9,000 and $8,000.

Good Luck,
CryptoTrendline

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