Bitcoin (BTC) has been showing strength gains over the weeks, yet many people are uncertain about their future and think that readjustments that occur at one time or another can become a panic. But I came here today to explain this situation, the readjustments are totally normal and necessary for the proper functioning of the market. We can see that at the time of this post prices are around US $ 9,302.80; if we look at the BTC market through the Fibonacci retraction tool, we will see the following scheme: the strongest resistance to be faced by the BTC is around $ 9,760.00, such resistance has been tested a few times, but prices have retracted after the attempt to overcome it. In the coming days, a new attempt to overcome such resistance must occur and if it is overcome, we should see the price going towards the $ 10,510.50
For those who are still uncertain, I affirm: THE LOW MARKET HAS ALREADY PASSED, THE PRICES WILL CONTINUE TO RISE UP AND MAKE SMALL RESTRAINTS AT CERTAIN MOMENTS.