Bitcoin needs the last fall before THE bull run
A boring Bitcoin has recently taken over the crypto market. Low volatility and ranging prices during the last 3 days that haven´t left much room for many trading opportunities.
Currently, the price is consolidating the support at $9,400. If it shows to be solid enough, we can see new increases to $10,100 and $10,600. However, if the volume doesn´t support the price at the current zone, we might see further falls to $8,800. Support were there will be a lot of demand and for sure will drive the price up.
For a bull run, the Bitcoin price needs to break $11,000. This resistance and $13,000 will determine when the next bull run kicks off.
The Copilot
Currently, the price is consolidating the support at $9,400. If it shows to be solid enough, we can see new increases to $10,100 and $10,600. However, if the volume doesn´t support the price at the current zone, we might see further falls to $8,800. Support were there will be a lot of demand and for sure will drive the price up.
For a bull run, the Bitcoin price needs to break $11,000. This resistance and $13,000 will determine when the next bull run kicks off.
The Copilot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.