CrimsonBull

BTC/USD Short squeeze aftermath

BITFINEX:BTCUSD   Bitcoin
BTC/USD has been consolidating in the 8,000-8,400 range for some time now.

With stacked resistances above $8,400 it is a good sign that it is still this high up, giving it a chance to make a push to break above the resistances.

Currently looking at important levels of $8,500 and $7,500 as main area of resistance and support.

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