Possible scenario for the bitcoin

As mentioned earlier, there there are too many factors that play now that affect the price of the bitcoin.

Ask is down to 85 million, and resistant/steps can be found at $8000, $8500, $9000 and $9200.

If we zoom out and repeat the pattern from November 2017 and January until now, it could look a bit like this.

We follow the bottom line scenario. So we will probably end up in the "blue" area mention before in my blog.

Europe is still buying bitcoin but very slow...

You can just continue mining bitcoins and other crypto legally. This has been confirmed by a Commissioner of the European Union, Mariya Gabriel.

So it is not clear why the bitcoin is not rising in value these days.