CryptoTrendline

Bitcoin short term

BITFINEX:BTCUSD   Bitcoin
Bitcoin is still in consolidation between support and resistance levels.

There was little change in price on Wednesday, so the possible scenarios remain the same.
If price breaks through the $8,000 resistance, the next resistance is around $9,000.
If price starts breaking down, we need to see how it reacts from the $7,000 support level once again.

Good Luck,
CryptoTrendline

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