Just an update from my previous post. As we can see from my previous post my consolidation phase top price was at 9200. However, we should adapt to what we see now. Price Level went up to 9380+ price level and the question now is whether it will continue its uptrend??? For now, I am seeing price level potential rejecting from that resistance level falling back to the support level whether it will test the trend support level @8000+ price level will be discussed again. Lets say if we see it continuing to rise breaking the resistance level, I would see price level heading for 10k+ price level. As of now, I am still sticking on a possible fall in price to the support level. This are the two possible movement BTCUSD will make. Share down in the comment below if you are TEAM BEAR or TEAM BULL.
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Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!!
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We can see a nice breakthrough off the resistance level now. Tine for us to ride the bull.