$8,000 - A short-term scenario for Bitcoin

Our yesterday price forecast is coming true as Bitcoin remains moving within the range between $8,100 and $8,300.

On the 4H chart, Bitcoin is under the Colored EMA/SMA line, meaning that the rate might go down from the current levels. What is more, bulls could not manage to break the bearish line, which indicates the upcoming drop. In this regard, the nearest level which Bitcoin is about to reach soon is the crucial point at $8,000