Hello guys. welcome to this update.BTC successfully broke above the black horizontal resistance. Now it is facing resistance around the 7800 area. Break above this range and we can expect $8300. If it doesn't beak above the resistance then I expect $7500 to act as a major support level. RSI is concerning me for being bullish atm. If you're holding any longs either put a SL or take some profits.
7500 and 7277 which is also the 200D MA acts as a major support here.
Let's see if it breaks the 7800 level.
#PEACE
Note
Broke the resistance and now ready for 9k.. read the next update here:
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