Welcome back traders, Bitcoin is ready to retest $7,520. We have reclaimed the 100MA, and the 50MA should soon follow. If it can reclaim $7,520 we can expect minor resistance around $7,800. After, we will see the most significant point of control on this chart, between $7,950-$8,000. Relative strength index is just above 40, is in a good spot for outbreak as well.
Comment:
This is NOT trading advice! These are merely my opinions that I have posted for educational purposes ONLY. Trading comes with great risk, which should be managed carefully. You should never trade anything more than you are willing to lose. I hope you all kill it, but I am not responsible for any financial loss or damages. Thanks for reading