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UnknownUnicorn10172642
Sep 8, 2020 3:42 PM

So far so good 

Bitcoin / TetherBittrex

Description

Bitcoin bounced off $9,920 and aims higher, or so it would seem. Resistance levels forward might include:
  • $10, 150
  • $10, 300
  • $10, 450
  • $10, 650
  • $10, 800
  • $11, 000


Failure to sustain $9,920 or higher as support means BTC is going to 9k or less on the short term.

Since crypto and the stock market recently move hand-in-hand, below you can find a chart with the ratio of BTCUSD to S&P 500. Previous related ideas can be found there, too:

Comment

All feedback is highly appreciated!

Comment

BTC was unable to conquer $10,150, correcting further down is highly likely.

Comment


BTC price fell to $9,850, followed by a big green candle that drove prices to $10,217. BTC currently trading at $10,015+ and I remain strongly bullish on the short term, as long as BTC price stays above $9,800 - $9,990.
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