BITCOIN BREAKS OUT OUT ABOVE $7,200 RESISTANCE
Bitcoin passed a critical resistance line in the last 24 hours signifying increasing bullish sentiment. Will it go further?
BITCOIN TO HIT $8,000?
The next resistance lines are around $7,500. If BTC breaks out above $7,500 then we could see a run all the way up to $7,800 - $8,000 range.
As long as we have a positive news cycle, it could run up but don’t get too exited. If Bitcoin does not build up enough momentum this rise could be temporary and we may not be clear of drop to the $6,500 - $6,000 level. Hold on to your hats!