BITMEX:XBT   Bitcoin / U.S. Dollar Index
Bitcoin is approaching a key level at $8400. It is also been ranging at key resistance and If there are spikes being left to the downside we could be rebounding back up to $10,000
However, I believe it could be linked with the rally on the SP500 in recent time which has also started to stall at key resistance. Bias is short once we can break below the $8400 with expected targets of $7300.

Updates will follow.


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