Looking at the day chart, we can see some resistance at the 9200 level and again at the 10k mark since our kijun (orange line) is there.
My prediction for btc is that we will hit our 9200 level and bounce to our 6800 support line shown by the chikou (red line).
A divergence line has also been created for a bullish sign.
What future will bitcoin hold? Well, currently we are still in a bearish trend. to break to our 12300 resistance we first need to get past our 9200 resistance and 10k resistance. Btc will probably trade between our support (6800) and resistance (10 k ) for a while.
My prediction for btc is that we will hit our 9200 level and bounce to our 6800 support line shown by the chikou (red line).
A divergence line has also been created for a bullish sign.
What future will bitcoin hold? Well, currently we are still in a bearish trend. to break to our 12300 resistance we first need to get past our 9200 resistance and 10k resistance. Btc will probably trade between our support (6800) and resistance (10 k ) for a while.