Bitcoin seems to bear looking slightly bearish, we could see a short-term to the support lines where it's price will consolidate in preparation for another increase or decrease. You should take the support and resistance lines into account when making your trades, if we fall below the first two supplies we could see a fairly large sell-off, however, if we continue the current bullish momentum Bitcoin could break through the resistance once again and start heading towards the $9,000 mark.
RSI & MACD also confirm there could be a short-term drop.
RSI & MACD also confirm there could be a short-term drop.