Bitcoin Breaks $10k ๐ŸŒŠ and Then Falls $2k ๐Ÿ” Whatโ€™s Next?

Dear Traders,

Bitcoin (BTC/USD) is showing massive bullish momentum. Price recently jumped from $8k to above $11k before finally falling back more than $2k.

This video analysis whether price can make a deeper retracement before continuing with the uptrend. It also analyses what traders should monitor so that they can measure whether a breakout or retracement is more likely.

The virtual currency is seeing a strong push higher most likely because traders and investors are anticipating that next month bitcoing futures will be available via the Chicago Mercantile Exchange. This in turn could give Bitcoin more legitimacy and also welcome demand from bigger investors.

See the video below for all of the details

(moreโ€ฆ)

Source:: Bitcoin Breaks $10k ๐ŸŒŠ and Then Falls $2k ๐Ÿ” Whatโ€™s Next?

About the Author
Elite CurrenSea (ECS), founded by Chris Svorcik & Nenad Kerkez, is an award-winning Forex, CFD & Cryptocurrency trading solution provider. [space height="20"] Nenad & Chris offer market analysis, free education and proprietary trading systems. Their combined trading experience of over 30 years helps them to navigate the markets applying their favourite Wave Analysis Theory (Chris Svorcik) and Camarilla Trading Method (Nenad Kerkez). [space height="20"] You can learn more about the service provider through their website HERE

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