Medium-term analysis. Bullish continuity

18 août 2020

Following recent spikes in Bitcoin price, we note that today it breaks the first medium-term resistance at the peak of @ 12,340. Data that leads us to think of the next level that is around @ 13,880, a price that marked a key level in the fall from all-time highs.

Although it still seems distant to approach the 20K area, we can assume that it could easily go looking for prices close to 14K in the medium term. On the part of this account we will still keep long positions.

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