BTCEUR and BTCUSD price actions did stay in between the bearish trend line established in February and the recent bullish retracing trend line of this August.
To complicate things the region is also crossed by the resistance level around 6400€ / 7500$ that we have already seen earlier this June and July.
I still am very positive on this market and BTC is probably poised to test the 6400€/7400$ level but for sure bulls will have some hard time breaking those two resistances.
Next week is gonna be fundamental to understand the trend of this coin during the following ones.
To complicate things the region is also crossed by the resistance level around 6400€ / 7500$ that we have already seen earlier this June and July.
I still am very positive on this market and BTC is probably poised to test the 6400€/7400$ level but for sure bulls will have some hard time breaking those two resistances.
Next week is gonna be fundamental to understand the trend of this coin during the following ones.