BTC About To Make New Highs?
Cryptohopper Newsletter
Market Analysis
Bitcoin is, for the third time attempting to break the resistance between $10,000-$10,500.
Breaking this resistance will mean making a new high for BTC this year.
Based off of the previous bull run, we could expect the next resistance to be at $12,000.
Should this resistance hold, we could see the price dropping to $8,500 and then even further to $7,500.
We have slightly adjusted our uptrending channel from our last analysis. If the price respects this channel, BTC should break above $10,500 no later than the 22nd of June. BTC could, however, break this resistance even faster.
Market Analysis
Bitcoin is, for the third time attempting to break the resistance between $10,000-$10,500.
Breaking this resistance will mean making a new high for BTC this year.
Based off of the previous bull run, we could expect the next resistance to be at $12,000.
Should this resistance hold, we could see the price dropping to $8,500 and then even further to $7,500.
We have slightly adjusted our uptrending channel from our last analysis. If the price respects this channel, BTC should break above $10,500 no later than the 22nd of June. BTC could, however, break this resistance even faster.
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