CryptoTrendline

Bitcoin Upside potential

BITFINEX:BTCUSD   Bitcoin
Bitcoin rallied on Sunday following the reaction from the $8,000 support level last week.

If price continues up to the $9,000 resistance area, we may expect a reaction to the downside.
If price breaks through the resistance, the next important area is around the $9,500 flip zone.
If price resumes its down move, we can expect the support around $8,000 to hold price once again.

Good Luck,
CryptoTrendline

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