PrepForProfit

Bitcoin Holding Support

Long
COINBASE:BTCUSD   Bitcoin
Bitcoin is holding above the $8,000 level as expected in the previous chart with room to spare since actual support came in higher around $8,200. Expected next move is toward upper resistance near $9,200-$9,350 which stem from previous resistance and breakdown levels.
Comment:
Bitcoin remains a buy/hold as price is testing resistance. Stop-losses should be kept just under the most recent support level at $8,200 to allow wiggle room should price become volatile before the expected resistance break above $9,350. Short-term trend remains bullish.

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