Bitcoin confirmed a strong support of $9 000 level and broke upward from the macro . Price action bounced from the lowest edge 3 times which is drawn at the chart and confirmed an upward trend. Assuming this next breakout favors buyers, a sell-side liquidation cascade could cause a violent upwards movement – similar to the liquidation-induced meltdown seen in early-March.
SkyRock Signals brand new algorithms predict at medium and long timeframes which enhances results of technical and fundamental analyses. Bitcoin's price tends to retest Fib 0.236 level near $9 536 which probably will happen within the next week
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