OmiFX8

BTC heading back to $9,800 and possibly to $10K

BITFINEX:BTCUSD   Bitcoin
Long-tailed doji on hourly, indicates dip demand below $9,5K.

Bounces from bullish or ascending 5-day MA

Immediate hurdle is seen at $9,805 (50-hour MA). A violation there would expose $10K.

Break below $9,400, if sustains, would open the doors for a pullback to $8K

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.