Bitcoin Moves Towards Its Range High
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The BTC price briefly decrease below the range low but bounced immediately, creating a bullish engulfing candlestick with a long lower wick.
Since the price has reached a close inside this range, I am expecting a movement towards the range high at $8050.
Another retest of the $7750 support would offer an optimal entry level.
The BTC price briefly decrease below the range low but bounced immediately, creating a bullish engulfing candlestick with a long lower wick.
Since the price has reached a close inside this range, I am expecting a movement towards the range high at $8050.
Another retest of the $7750 support would offer an optimal entry level.
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