In my opinion we could see a retest of 8.3k (weekly level) before Bitcoin decides whether to go up or down. If we go down, I fully expect the price to go to around 7.7-7.8k. If we go upwards we could see as high as 9.6k
Note
On the other hand, this could be a good long position to either average down or maximize profits.Disclaimer
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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.