Bitcoin has been consolidating the last few days, following the rally on Thursday.
At the moment price is sitting between the support and resistance levels around $7,800 and $9,000 respectively.
If price reacts from the support, we can expect a continuation up to the resistance around $9,000 and possibly up to the flip zone around $9,500.
If price breaks the support it may resume its decline and reach the next support levels around $7,200 and $6,500.
Good Luck,
CryptoTrendline
At the moment price is sitting between the support and resistance levels around $7,800 and $9,000 respectively.
If price reacts from the support, we can expect a continuation up to the resistance around $9,000 and possibly up to the flip zone around $9,500.
If price breaks the support it may resume its decline and reach the next support levels around $7,200 and $6,500.
Good Luck,
CryptoTrendline