It seems bulls trying to break it.
There are three things that halting bitcoin to the upside as of now;
The 200 ema,the falling wedge pattern, and a fib level.
If rejected. down side target will still be 8,500
Moreover, A breakout from this position
can trigger all stop losses hence a quick rally up to 12,000
There are three things that halting bitcoin to the upside as of now;
The 200 ema,the falling wedge pattern, and a fib level.
If rejected. down side target will still be 8,500
Moreover, A breakout from this position
can trigger all stop losses hence a quick rally up to 12,000