Bitcoin/usd

Today, the BTC / USD pair has shown some weakness, but the purchase at lower levels has again maintained prices in the moving averages.

The cryptocurrency will gain momentum in a leak and close (UTC time) above the resistance of $ 6,831.99. After a period of low volatility, we expect volatility to increase after a break or collapse. Therefore, if the bulls are successful, the rally could go beyond the first goal of $ 7,400 and reach the $ 8,450.

On the downside, Bitcoin will sink if the bears manage to break below the critical support zone of $ 5,900 to $ 6,075.04. That is why going long with tight stops would be preferable