RE: There Goes $9,000…. Bitcoin Making A Run?
Bitcoin has blown past $8,000 and hit $9,000 – it is a bit over $9,100 as I type…
Bitcoin Rallies 15% And It’s Now And Primed To Hit $9.5k: Technicals Show
“The bulls gained strength above the $8,000 level and the 100-day simple moving average. There was a break above the 61.8% Fib retracement level of the last key decline from the $10,495 swing high to $3,931 low.
Bitcoin cleared a connecting resistance trend line with resistance near $8,020 on the daily chart. It opened the doors for sharp rise and the price rallied above the $8,500 level. It tested the 76.4% Fib retracement level of the last key decline from the $10,495 swing high to $3,931 low.
Clearly, the bulls are in control, signaling a strong rise above the $8,800 and $9,000 resistance levels. The next major resistance is near the $9,500 level (a multi-touch zone).”