Based on trend lines and market sentiment there are 2 scenarios:
1. Less likely - Bitcoin can go up to 8400 following the uptrend line formed by higher lows
2 More likely - A panic sell may occur leading to drop arround 4500, where the falling wedge resistance is formed
Eather way 8400 is going to be the most stronger resistance for the bulls.
1. Less likely - Bitcoin can go up to 8400 following the uptrend line formed by higher lows
2 More likely - A panic sell may occur leading to drop arround 4500, where the falling wedge resistance is formed
Eather way 8400 is going to be the most stronger resistance for the bulls.