BTC/USD: Are Bulls Ready to Return to $9,000?
Bitcoin has broken through the resistance at $8,500 and is trading higher. In addition, a figure resembling a double bottom has formed, which is also in favor of growth. The short-term aim is to firmly gain a foothold above $8,500 and gradually push the price up to finally break through the resistance of the downward wedge. Currently, there are all prerequisites for it to happen as a high trading volume between $8,650 and $8,750.
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.