After reaching levels above $ 11,000 in the middle of the week, the currency experienced a drop in
its trade to $ 9,500.
Apparently the strength of the bears can’t overcome the strength of the bulls. Bitcoin is expected
to reach $ 10,400, where the last resistance of the pivot Fibonacci is, in the coming hours.
In case the pivot is surpassed, the prices will reach $ 11,000. Afterward we will find a slight
resistance at the point of $ 10,800 that, in case of being overcome, will take the Cryptocurrency to
$ 12,000.
We will be analyzing how this resistance behaves throughout the day and the possibility of a
future attack by the bulls at the point of $ 10,400.
Stay with us!