As I said last night, BTC did go to the $8,000s, all the way up to ~$8,100 on Bittrex. A very strong reistance in that area ($8,000-$8,1000-$8,200) doesn't allow it to go further, the bulls are not strong enough with this one, for now
The next move for BTC is this:
- Either goes up to $8,100 again, breaks the resistance and then we can see $8,300-$8,500+.
- Either retraces back to $7,800, if it does this we can see $7,500 or even lower.
BTC has been really crazy lately, it's like a monster on its own, it doesn't want to listen to charts and technical analysis anymore... it just does what it wants.
A big move is definitely coming soon, BTC can't go sideways for too long, this is not the time to go sideways, everyone is expecting it to make a move because everyone is confused about what's happening.
Remember that BTC is king, never sell it, it will reach $10,000 eventually in early 2018 if not even earlier.
Thanks