BTC has nearly reached our price target for the previous forecast.
Currently, it is facing resistance at $8450. It is likely the price will stay here for a while before going through the next wave.
If unable to break out the resistance, BTC will retest this support level at $8000 before going up.
On the contrary, if it breaks out successfully, the next price target will be $9000 - $9200.
Currently, it is facing resistance at $8450. It is likely the price will stay here for a while before going through the next wave.
If unable to break out the resistance, BTC will retest this support level at $8000 before going up.
On the contrary, if it breaks out successfully, the next price target will be $9000 - $9200.
Note
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.