Yesterday was such a day for Bitcoin as we observed a significant moving up from the $6100 range to the straight-up $7600 area.
As I have seen on the chart, a healthy pullback to $7000 can be right before moving to the $7800 area. We have been in green for a while so that a small correction is needed to regain the momentum.
From the chart, I would say the closest stop should be around the $7000 range, and the next stop (just in case), should be $6700 area. I am holding strong my coins and have allocated some investment for the $7000 range.
Trade safe and enjoy.
Prakash M
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