Bitcoin has been in a sideways consolidation for more than a day. We believe it could move back towards $9,000 before the sell-off. You must remember that the Chinese New Year begins in a few days and many are selling their Bitcoin.
Reasons:
- Chinese New Year Jan, 25 2020
- Resistance Level 9000
- Support Level 8200
Reasons:
- Chinese New Year Jan, 25 2020
- Resistance Level 9000
- Support Level 8200
