Bitcoin made a recovery on the weekend following Friday's drop.
Price is now between the support and resistance areas around $8,000 and $9,000 respectively.
If price reacts from the support, we can expect a rally up to the $9,000 resistance before continuing further.
If price reacts from the resistance level, we can expect another drop to $8,000 and possibly below $7,500.
Good Luck,
CryptoTrendline
Price is now between the support and resistance areas around $8,000 and $9,000 respectively.
If price reacts from the support, we can expect a rally up to the $9,000 resistance before continuing further.
If price reacts from the resistance level, we can expect another drop to $8,000 and possibly below $7,500.
Good Luck,
CryptoTrendline