I'm looking for resistance in the $8,500-$8,700 area. I'm expecting at least a pause there on the way to $10K, but more likely a significant pullback. Here are some bar patterns and squiggles showing how the price action might look:
yes, the 7800$ was broken , now we are sitting at 8400$ is and the market can go either way still
but the growth is more plausible and for that the resistance at 8.500$ is the next target
but I'm expecting a correction and the level of 8100-8000 by the weekend , lets see what happens in reality
the bad world news somehow did influence the price it seems and the trading volumes gone up as well as the price
could also be the early halving expectations starting to fuel the trading , hope it is the later - this should be a signal for growth