$BTC Making a Good Comeback ... But Bulls Still Have Work to Do
Bitcoin bounced strongly from 79,300 and is now back above 81,000.
Still 82,500 remains a strong resistance.
Bulls must reclaim 82,500 before we can expect the next major bullish move towards 84,000 – 85,500.
As long as resistance holds, another rejection is still possible.
Good recovery so far ... But breakout confirmation is still missing.
Trade on $BTC
Bitcoin bounced strongly from 79,300 and is now back above 81,000.
Still 82,500 remains a strong resistance.
Bulls must reclaim 82,500 before we can expect the next major bullish move towards 84,000 – 85,500.
As long as resistance holds, another rejection is still possible.
Good recovery so far ... But breakout confirmation is still missing.
Trade on $BTC
