Layne_LV

BTCUSD (Bitcoin) Market Outlook | Daily Crypto Market Breakdown

GEMINI:BTCUSD   Bitcoin
BTCUSD ( Bitcoin )

Bitcoin is looking very interesting we have tried to retest 7000 multiple times and for the time being we’re going sideways. We really need to see a strong break above 7000 and we need to sustain above 7000 before I feel we’re gonna keep climbing to the upside. If we see a strong rejection and we fail to break above 7000 we’re definitely going to be heading back down. Bitcoin is at a real make it or break it level right now so we got to keep a level head and let it play out. Personally I would like to see bitcoin push up above 7000 and sustain above 7000 but if we do roll over to the downside and head back down to retest Lows around 4000 or maybe even lower that’s fine I’ll just accumulate some more crypto. If I see any market changes I’ll let you guys know.

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