BTC went back into quite a hike in the last couple of days (+20%). Most of the hike was due to three "price manipulations" that made BTC price jump.
As of speaking BTC approaches 7800 and this makes 7833 come into play. That level, highlighted in red in the chart, represents quite a strong resistance, rejected twice over the last couple of months.
Third rejection? it could be. I think a correction will happen. Anyway, if BTC manage to break up from such a level, I would revert into bull since this level could easily revert into support.
As of speaking BTC approaches 7800 and this makes 7833 come into play. That level, highlighted in red in the chart, represents quite a strong resistance, rejected twice over the last couple of months.
Third rejection? it could be. I think a correction will happen. Anyway, if BTC manage to break up from such a level, I would revert into bull since this level could easily revert into support.
