We can see EMA10 ($7742) tested and a strong bounce with good and indicators.
For Bitcoin to continue higher, the first barrier to break is ~$8000, the last high.
The immediate support is sitting around at $7741 and $7690, this is the main support if prices start to retrace. Any lower and we look for EMA50 and/or $7400 - $7450.
Right now we are and aiming higher...
Previous analysis: Bitcoin (XBT) Challenging EMA300 | Can Lead To $8,111+
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General Bitcoin & Altcoins Market Update And Prediction For 2020
I'm leaning #2 as alts led up and now lead down perhaps. Still in for 40% of my long but expecting it to get stopped out in profit. If option 1....gravy.
The Bittrex altcoins remained the same...