After reaching $ 9,500 Bitcoin seems to have lost momentum and step back to lower regions.
Next key support to be tested @ $9,250,if broken then back to retest price @ $8,950.
If that level will hold we'll may see Btc back to retest major resistance @ 9,500 with possible continuation upward.Otherwise I see a retest of lower level between $7,800/8,000.
I see Btc going down through the weekend, still a lot of bears pressure in the air.
Happy trading to everyone :)
Next key support to be tested @ $9,250,if broken then back to retest price @ $8,950.
If that level will hold we'll may see Btc back to retest major resistance @ 9,500 with possible continuation upward.Otherwise I see a retest of lower level between $7,800/8,000.
I see Btc going down through the weekend, still a lot of bears pressure in the air.
Happy trading to everyone :)
Comment:
I do apologise about my bad analysis :-/
I keep my bearish bias as I don't see breakthrough on Fib.