Bitcoin makes further gains after USD 8300 breached

Bitcoin makes further gains after USD 8300 breached

A decent end to the week for the mined one 16 March

Earlier I reported that Bitcoin was enjoying some end of week consolidation with money coming off the table understandably given the large retreat over the past few days.

In the post I pointed to $8300 providing a cap then and highlighted the next point behind that at $8500 which we’re currently testing.

Support now comes in at $8250-8300 with next line of resistance/sell interest into $8750-8800 and larger interest behind that into $9000.

Delicately poised here at $8491 so what do our crypto traders make of it here? Higher still before the day is out, or enough of a rally for the time being?

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.