XBTUSD: Price bounced off support, what's next?

Bitcoin bounced hard off support a couple of hours ago and returned to $8800. I did not put bids, so out of position at the moment.

Bitcoin was bought quite brutally, and based on this, I assume that most likely it will test resistance at the $9000 area, than continue to fall.

Placed some bids at $8500 will try to "catch knives".

Hit the "LIKE" button and follow to support, thank you.

Information is just for educational purposes, never financial advice. Always do your own research.
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSDcryptocryptotradingSupport and ResistanceTrend Analysisxbtxbtusdd

Also on:

Related publications

Disclaimer