Bitcoin to 9650$
BTC fight between strong resistance at 8470 which meets with the Weekly 50 MA and strong support at 7714 which meets the Weekly 20 MA
There is 2 scenarios:
1- If the bulls defend the support area [7345 - 7714], we will see the last run to weekly resistance at 9659 level which meets with the downtrend. [65%]
2- If the bulls failed to defend the support, we will test 7100 before going to test 6800 level. [35%]
There is 2 scenarios:
1- If the bulls defend the support area [7345 - 7714], we will see the last run to weekly resistance at 9659 level which meets with the downtrend. [65%]
2- If the bulls failed to defend the support, we will test 7100 before going to test 6800 level. [35%]
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