Good moring, just a quick update on the Bitcoin markets. Bitcoin has been pushing toward 10k and the price is starting to coil tighter.
I will look towards 9900 for a long (high risk) and short should 9700 break (also high risk).
9900 is resistance at the moment, be sure to wait to see if prices consolidate above 9900 (BITSTAMP PRICES) before adding to your longs.
I am expecting a correction to at least 9400 should the selling pressure prove to much, and on the flip side a break above 10k usd will push us to new ATH.
PLEASE NOTE: This is not investment advice, simply my opinion and analysis of the markets. Safe trades.