BTC/USD
Bitcoin bounce right at previous resistance now turned into new support, both 50 & 100 MA plus upward trend-line are acting as support too.
If BTC will keep respecting this trend-line of support, expect the price to move higher up to 8000-8200 regions.
Since the price is now outside the previous trend-line resistance, Bulls may have a little momentum to push the price further up.
Bitcoin bounce right at previous resistance now turned into new support, both 50 & 100 MA plus upward trend-line are acting as support too.
If BTC will keep respecting this trend-line of support, expect the price to move higher up to 8000-8200 regions.
Since the price is now outside the previous trend-line resistance, Bulls may have a little momentum to push the price further up.
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