Bitcoin creates its first Typical lower High by failing to close above 9189.
This means we have the START of creating a bearish trend for sure we will
RETEST the bullish trend we have since March 2020. The retest will happened
in the range between 8350 - 8550. If we fail to keep this support area, we are heading to
the range of 7800-8000 at least.
This retest it will shows if really we can follow bullish momentum and if yes,
then we can expect a new Bull Run season.
In case we fail to keep the Bullish Trend, the new trend that it will be Bearish,
it can give the chance to see 6500 maybe yet and 4000.
This means we have the START of creating a bearish trend for sure we will
RETEST the bullish trend we have since March 2020. The retest will happened
in the range between 8350 - 8550. If we fail to keep this support area, we are heading to
the range of 7800-8000 at least.
This retest it will shows if really we can follow bullish momentum and if yes,
then we can expect a new Bull Run season.
In case we fail to keep the Bullish Trend, the new trend that it will be Bearish,
it can give the chance to see 6500 maybe yet and 4000.