The bitcoin market rallied a bit on Friday and Saturday, reaching towards the same resistance areas that we had seen previously during the last week. The recovery shows that there are plenty of buyers waiting for any opportunity to buy Bitcoin.
At this point, the market seems similar to the rally we had at the end of 2017. If we break the 8250 level, the market could go much higher, reaching towards the psychologically 10,000 level.
In the case of a pullback, I will be a buyer as soon as it doesn't break our 7000 support.
At this point, the market seems similar to the rally we had at the end of 2017. If we break the 8250 level, the market could go much higher, reaching towards the psychologically 10,000 level.
In the case of a pullback, I will be a buyer as soon as it doesn't break our 7000 support.
