Currently watching for the 9.020$ Horizontal Support Zone, if the one gets crossed, then short will be in first priority.[/size]
There is still a high probability that Bitcoin is gonna fall below $9,000 right? And even reach as low as $8,500 or somewhere around that price?
So for now the market is not really bullish. I think there will still be more downward movement before Bitcoin will bounce back and break $10,000 once more.
Very high chance for Bitcoin to go below $9,000 level, since the price doesn't seem to be in an increasing trend.
It even touches $8,900 level but still managed to close out at $9,000. So, I don't think there will be an ascending motion from the chart in the coming days since I didn't see any bullish fundamentals, specially now that the massive twitter high profile hack involving Bitcoin scam just happened. Some predicted that It will make a negative impact to the Bitcoin price.