Bitcoin Breaks Through Resistance Level Eyes the $10K Level

in hive-167922 •  5 years ago 

After the successful test of the 8,400 support bitcoin rallied up to the top of the range to attack the 9,400 level.

Price closed above the level yesterday and is up slightly today. This breakout has everyone talking about the 10,000 level.

10,000 and then some ???

If you look at the chart the next upside level is actually higher than 10k. 10,500-10,800 is the next upside targets I am looking at.

Of course, none of this matters if we don't maintain above 9,400. Confirming that as a support may be just as important as any run above 10k.

If price pushed into the 10s then we can start eyeing the next level higher that goes into the high 11,000's

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Really think we will go down and not see 10k soon(week or so). Could be wrong though!

Posted using Partiko iOS

What goes up, must come down. 😉

The higher we go the bigger the correction we will have, we might push through the 10k, the golden pocket of the whole movement down is at 11k/11.1k, we might go there before correcting 🤔