Bitcoin made a rally on Monday and closed above the $6,500 resistance level.
It's too early to tell whether the bulls or bears are in control as price is still in consolidation.
If the rally continues, we can expect price to reach the next resistance area around $7,000.
If price starts dropping down, we can expect it to reach the next support area around $6,000 and eventually the support area below $5,000.
Good Luck,
CryptoTrendline
It's too early to tell whether the bulls or bears are in control as price is still in consolidation.
If the rally continues, we can expect price to reach the next resistance area around $7,000.
If price starts dropping down, we can expect it to reach the next support area around $6,000 and eventually the support area below $5,000.
Good Luck,
CryptoTrendline