Bitcoin - Next Level
We have seen not one, not two, but three major attempts to break $10,000 over the past 24-48 hours. So far no luck, that is great and shows how much buying strength we have in Bitcoin. Looking at the short term, we still have bullish momentum going and we could be heading to hit $10,950-11,230 range as our next area of general resistance. Personally, I think we could reject at that next level and it would be a great opportunity to do a small short scalp. However, if you are holding onto Bitcoin for the long run, I would still continue to hold as it looks like the long term we have some great buying momentum in the market and this uptrend should continue.
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