BTC Thoughts Bullish or still Bearish we will find out soon

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BTC is not in the clear yet until we have confirmation of volume. There is still downward potential with Bitcoin with targets as low as the $3,250 area. Before that would be the downward targets of $5,874, and $5,500. BTC could be making a Descending triangle, the target for this would equate to past support which is around $3,250. So if we continue bearish we will most likely hit the overall low of $3,250 but... lets look at the bullish sides of things now $8,660-8700 seems to be the first stop on the bull run, if surpassed expect $9,200 before $9,900. Above this level will be resistance at around $10,750 with very heavy resistance at $11,600. $11,600 is where we would most likely see a bearish reversal if we were to see one. But above that is 12,850-12,900 and if we get over that get your spacesuits ready cause we going to the moon.



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