FX.co ★ teagan.orn | #Bitcoin chart analysis

Price of #Bitcoin at the start of the new trading week again tested the resistance level near 86800, and again from there we got a small bounce down. However, this is already the third attack on resistance in the past month, and therefore the likelihood of a breakout to the upside and further growth toward the next significant resistance, located around 88500, is high. I suppose a resolution will occur in the coming days. Selling from 88500 looks quite interesting. A significant selling impulse is expected from there. The price may fall toward the demand zone 80000-82000. There one can look for new buying opportunities.