xoex

Can BTC breaks 9000?

xoex Updated   
BITFINEX:BTCUSD   Bitcoin
BTC move declined at 9400. Huge resistance at 8800 and upper stopped BTC for now.
I believe BTC should correct and test both support and upper trend line at 8200.
If BTC sell continue from this support line, it should retest 7700, but it's not an option now, we should wait and see what happens at 8200.
There's still a chance that BTC retest 9k resistance and reach 10k afterwards, but I don't count on it.
Order cancelled:
BTC seems strong. There's little chance that we see correction.
Upside is more probable than downside.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.