On the chart, I have presented clear lines, as well as a long profit position. Bitcoin has reached that $9,400 position multiple times since late June, and it will be no surprise if we see a dump to that level in the next week. $9,400 is a temporarily strong support, but only because it lines up with the level presented on the . We have declining as well, which can be a hint of bullishness. However, this is occuring in a range. tends to only matter if the price action is outside of a range (in this case, if increased whilst we broke out of the , it would be ).
Next 7 days:
Next 30 days: