Trendline is broken and now became support, both in price and in Rsi. Trendline support is not very strong but we also have a support at 7800 ( that is also 0.618 retracement) so we have decent reasons to be bullish in the next days.
There are also a lot of alts ready to explode which would follow a btc price raise.
It will be interesting to see what will happen at 10k, if some volume will come in play we are going to have fun
There are also a lot of alts ready to explode which would follow a btc price raise.
It will be interesting to see what will happen at 10k, if some volume will come in play we are going to have fun
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A bounce at 7800 is very likely, then it has to decide if go up to 10k or break support and go down to 6500, at least