Bitcoin is showing signs of exhaustion. Yesterday I said it looked like price may test the $8,400 support. Bitcoin did break down to $8,425, where buyers stepped in to push it back above $8,600.
I apologize for the lack of text...I’m Running out the door. Here are my quick thoughts on where price my be heading next. I hope you find helpful.
I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading.
