BTC/USD Next move?
While every market around the world was slaughtered by the Cvoid-19 panic, not every market has staged a recovery like BTC. While up ~70% from its abysmal lows around 3800, BTC has run into some resistance around the 6800-7000 zone. If this short term resistance is overcome a leg higher is to be expected.
Watch for a break over 7000 supported by an uptick in volume. If the current trend line is broken don't be surprised to see 5200 once again.
Watch for a break over 7000 supported by an uptick in volume. If the current trend line is broken don't be surprised to see 5200 once again.
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