We have experienced a parabolic bullish movement for BTC and broke a critical resistance level at $8,600. Based on the Fibonacci retracement level, the BTC will continue the bullish trend until the next critical levels at $10,000 or $11,900.
1) $9,000 is an exciting level for the BTC community (Over nine thousand!!!) 2) $10,000 is an exciting level for the media and general public
Intelligent investor and trader will look for an opportunity to take profit around that level causing retracement.