Bitcoin price analysis: the dip looms again!
Recovery for bitcoin markets has returned with a break of $ 7700. But the question remains, will the price continue in this direction? Or will the bitcoin face pressures to go down again?
Look at the market
Bitcoin did well, rising to $ 7500 at the end of last week, and moving around $ 7,700 was particularly nice. For a moment, McAfee's prediction seemed to be already in sight. But the price of bitcoin quickly dropped to $ 7415 and then took the trend back to $ 7718 at the time of writing.
Bitcoin will need $ 7.850 so that the upside will regain control.
Waiting for the daily close above $7,700 before taking any entries.
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