BTC About To Make New Highs?

HITBTC:BTCUSDT   Bitcoin / Tether
Cryptohopper Newsletter

Market Analysis
Bitcoin is, for the third time attempting to break the resistance between $10,000-$10,500.

Breaking this resistance will mean making a new high for BTC this year.

Based off of the previous bull run, we could expect the next resistance to be at $12,000.

Should this resistance hold, we could see the price dropping to $8,500 and then even further to $7,500.

We have slightly adjusted our uptrending channel from our last analysis. If the price respects this channel, BTC should break above $10,500 no later than the 22nd of June. BTC could, however, break this resistance even faster.

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+1 Reply
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