BTCUSDBTC has pushed below the 200EMA with it starting to look a bit weaker.
Price is looking to push beyond the 7700 to the upside but it seems that it has a lot of bumps along the way at the 7750 as well as the 8550.
The outlook I am expecting is if buyers are not able to breach the 7750 or 8550, sellers will be looking for an opportunity to take control and push price further back towards the 6000.
if buyers are able to push beyond the 9350, BTCUSD can look to continue its bullish mover but for the time being it seems unlikely.
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