bitcoin is really looking to retest is around the 10,741 to 10,800 fourty dollar level now that was the previous resistance that we had here before we had the breakout
see btc live chart ;https://www.dailyfx.com/bitcoin
I would hope that bitcoin would hold right there however we obviously do have our come futures gap which you know some Investers say doesn't matter although kind of looks like we could be heading down there again and honestly guys we do close the gap this time then i think maybe we can kind of say that the gap does matter you know we were trying to be hopeful about this but you know we'll see what happens but this gap in order to close it is pretty much around the 9735 level
Bitcoin actually fall to that level well having a look right here if we do actually keep in this trajectory which we had gotten quite off you have to admit i mean we had four straight weeks of nothing but green you kind of have to expect a red candle sooner or later we had seen multiple 20 to 30 candles to the downside rally now having a look right here if we were to come back down and touch this level we could actually literally come down to the 9784 level closing the come futures gap and that would be about another 10 drop from the point
I would expect bitcoin to potentially test 10 385 unless this is just a crazy scam wick and you know they're just gonna send it not too sure guys we can have a look at that but for the most part as long as bitcoin can maintain on this trend right here bitcoin were actually mined one day well miners would still be able to get those transaction fees