BTCUSD Will Bitcoin DROP again?! 4800 possible.
Updated
Bitcoin looks like it is not strong enough to go much higher especially with a very strong psychological resistance of 10000$. The downtrend line is almost touched and indicates a further downtrend and a possibility to go back to the green upside trendline which may be broken. If so bitcoin might go to the 5K range. There is a strong support at around 5-4.8K, so lets see if the market can reach it. DO NOT forget that the bears are here and prices are very unstable now as we are entering the phase of high volatility in a bear market.
Note
Bitcoin broke the downtrend line strongly, now attacking the 10K level, but I am expecting a move to the south :)
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