Bitcoin is at key resistance here around $10,000. As you can see, we've nearly retraced the entire move down from $13,500.
We could easily see new all time highs on Bitcoin if price continues to trend higher, as new buyers would come in and propel trend further.
However, if we fail here, we're probably headed signicantly lower, probably back below $4,000.
We could easily see new all time highs on Bitcoin if price continues to trend higher, as new buyers would come in and propel trend further.
However, if we fail here, we're probably headed signicantly lower, probably back below $4,000.