Bitcoin just got rejected from the resistance that marks the bear-market and bulls could not push the price trough this resistance, still we
tested for 35 days this resistance so it was a great test but bulls were not able to push it and now i think that 8.2k-8.3k area is very likely to act as a potential support (200 Daily MA) , (21 Weekly MA) , though i expect a 7.4k at least for a good retracement.
tested for 35 days this resistance so it was a great test but bulls were not able to push it and now i think that 8.2k-8.3k area is very likely to act as a potential support (200 Daily MA) , (21 Weekly MA) , though i expect a 7.4k at least for a good retracement.