Hello friends,
welcome one more day to the analysis of
cryptocurrencies and as always we go with bitcoin.

As we have seen, bitcoin has hit the resistance of almost the $ 6,850 and it's made a magician for overcome it but could not, stayed there under it.

We are now between two levels, one of resistance we have it there very close, and the other of support in the area of ​​almost $ 6,170.

At the moment it did not leave that area but well, we already know that as soon as be able to break the $ 6,850 it will surely have a fairly strong rise, what happens is that it still does not get it and there could still be some setback to gain momentum.

Let's see the chart a little more in the short term to see what is happening.

In an hourly chart we see how it has collided several times there with the resistance of $ 6,850, if we see the movement it has been trying to overcome it and it could not, in fact there has been a strong rejection, but it has also made a support in the almost $ 6,500 area, this area is a level that if it lose it will take us to the $ 6,170 area, a level that perhaps it would be to gain momentum to break $ 6,850, that's in theory.

In practice, well, we'll see what happens, but in principle, the resistance of $ 6,850 is a resistance that is proving important, and the moment we overcome it, that importance will make prices rise quickly.

It is true that we already had a good rebound from the minimum but still we are far away, although I believe that at the moment when
jumping the $ 6,850 will go up pretty quickly.

For now we have to wait for the market which is quite touched in general.

That's all for today, thank you, as always greetings to all.