The current price adjustment is confusing. So far touched $8,700 and $8,900 with a breakout of 2H trend line. It is similar to setup when hitting $5K range after the bt2x was called off.
$9,500 is a important support as it coincides two Fib levels. If the price holds above this level, some consolidation then resume the bull run again with a target at $13,000 range.
Next support is $9,000
If keep dropping, BTC likely hits $8,300-$8,500 range while the likelihood may not that high.
Let's see if how this anti-gravity monster evolves forward~!
$9,500 is a important support as it coincides two Fib levels. If the price holds above this level, some consolidation then resume the bull run again with a target at $13,000 range.
Next support is $9,000
If keep dropping, BTC likely hits $8,300-$8,500 range while the likelihood may not that high.
Let's see if how this anti-gravity monster evolves forward~!
Comment:
Break out $10,500, back to uptrend.....
Trade closed: target reached:
The correction is finished~!