$BTC broke the key resistance at $8,000. #Bearish sign

BTC broke the key resistance at $8,000. It broke it with a lot of intention since the candle is long a with small wicks. It the volume is very low in the pull-back, we can expect another increase to $8,130 and even further rises to the las 9 months maximums at $8,250.

Shorts are expected now and after the pull-back (it is is done) long positions with the 1st take profit at $8,130 and the 2nd at $8,250.

Stop-loss right below $8,000 in case of a significant retracement.


The Copilot