Bitcoin has just retested the Demand Zone for the second time with a strong price activity.
A Medium Term Bottom may be here.
Time to retest the upper Resistance of 8200 - 8500.
Indicator:
9 Seasons Rainbow Multi TimeFrames Pattern
Signals:
1 Blue Ribbon (Strong Support) in about 6H timeframe, appears in the same level as the previous Blue of Sep. 27
If Blue becomes Purple, the support is broken.
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This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.