Bitcoin got rejected at 8.5K and made an lower high.
I'm looking now at the 6.8K support as an strong support after all the rejections before when it was still resistance. After we broke 6.8K upwards we never retested the breakout price. If Bitcoins bounces off the 6.8K support we filled the gap and we might retest the local high's depending on the volume at the bounce.
If we break 6.8K were going for an lower low imo and I will sell some % to fiat. The 5.8K support became weaker after the multiple touches last time. At 4.8K we've got some strong support and an unfilled gap. This is were I'm looking to rebuy.
I'm looking now at the 6.8K support as an strong support after all the rejections before when it was still resistance. After we broke 6.8K upwards we never retested the breakout price. If Bitcoins bounces off the 6.8K support we filled the gap and we might retest the local high's depending on the volume at the bounce.
If we break 6.8K were going for an lower low imo and I will sell some % to fiat. The 5.8K support became weaker after the multiple touches last time. At 4.8K we've got some strong support and an unfilled gap. This is were I'm looking to rebuy.