A new week has started with so much goodness. Last week we expected that bitcoin will exceed the previous resistance being $7,688. It did and touched $9,100 exceeding our target of $8,428. Now, what is next in the move of bitcoin price? Bitcoin price is sure to get more climb. The present resistance is $9,170 and should break this soon and our entry is at the cross of the MACD. Our first target is $9,900 and the second target is $10,370.
Looking at the technical indicators:
Major Support Level – $8,428
Major Resistance Level – $9,170
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