Hello!
We can see that the momentum for BTC is dropping, the recovery from 7500 was bit weak and it looks like we're facing to much resistance at 8200.
For now I see the odds are slowy turning in the favor of the bears.
My target for 10k is on hold. This is only short term though as we need to see how it develops when meeting support/resistance again.
Good luck!
We can see that the momentum for BTC is dropping, the recovery from 7500 was bit weak and it looks like we're facing to much resistance at 8200.
For now I see the odds are slowy turning in the favor of the bears.
My target for 10k is on hold. This is only short term though as we need to see how it develops when meeting support/resistance again.
Good luck!
Comment:
Nice breakout to the upside!