Bitcoin has small gains on Monday as the currency pair has added around three percent. However, I think that the most interesting is on the way as BTC/USD is close to my targets again. The currency pair has reached them on Friday already, but retreated. I think that Bitcoin is ready to develop the uptrend.
Bitcoin has reached the resistance area at $7,734 on Friday, but as I have already mentioned, bulls were unable to develop their progress. The price retreated to the support area at $7,341 and then went upwards to $7,565.
I think that the main scenario for today is bullish. My idea is the following: BTC/USD is going to reach the resistance area at $7,734 on Monday and will continue to grow even higher. Bitcoin looks very promising at the moment and bulls seem to gain momentum again.
Check the full crypto analysis HERE>>>.
Bitcoin has reached the resistance area at $7,734 on Friday, but as I have already mentioned, bulls were unable to develop their progress. The price retreated to the support area at $7,341 and then went upwards to $7,565.
I think that the main scenario for today is bullish. My idea is the following: BTC/USD is going to reach the resistance area at $7,734 on Monday and will continue to grow even higher. Bitcoin looks very promising at the moment and bulls seem to gain momentum again.
Check the full crypto analysis HERE>>>.
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