BTC: Bitcoin pauses below 9340

in bitcoin •  7 years ago 

BTC / USD slows its rise under the resistance of 9340.

Following the breakout of the downtrend channel, Bitcoin accelerated somewhat, but did not get very high.

The Bitcoin has indeed found a resistance towards 9340, which will have to break to continue the rise towards the 9500, then 9700.

Higher up, we will then have the area of ​​recent peaks around 9900.

On the downside, a break below the 9200/9150 could trigger a correction towards 9050 then 8900.

Bitcoin H1 Chart

BTCUSD-H19-1024x393.png

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The correction is only because of this : https://steemit.com/bitcoin/@paloggia/bitcoin-little-dump-why
It's a big problem for the crypto