Bitcoin update: Part 8

After our previous target of $8000 the price of Bitcoin continues to climb and has already converted two, intermediary resistance zones into supports zones. Bitcoin is currently at a peak of which is the third point of a descending trend line and a previously identified resistance zone.

However, I would still like to keep a bullish bias seeing that the US dollar continues to plunge and that Bitcoin is in higher demand.

Next stop: $10 000

Good luck and follow me for more!