Bitcoin is going to be Bullish!

We have long accumulation which is played upward , this is a a good sign for bulls and there is a high probability of going higher to the next targets 8650$ and 9100$ but we can expect it only after breaking out 7700 $ and fixing above .From the other hand fixing under 7200 $ can trigger motion to 6800 support.Similar accumulation was before and we can wait for similar move.

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Trying to fix above 7700

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Going up

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There is one intermediate resistance lvl on 8300$

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Trade active

8600 still can be reached

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Staying under the strong lvl(8300$) increases the chance of going higher

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Situation has repeated but a little bit earlier than I supposed. After accumulation BTC showed the growth than staying under the strong lvl 8300 and went down.But scenario is very similar to previous in April and May. I guess that BTC can easily set the new bottom

razumcapital

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razumcapital

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