Bitcoin still in the correction

We are still waiting for a next trading opportunity. Possible scenarios are:

1. The price will be supported around 8,300USD.
2. The price will be supported around 8,000USD.
3. The price will break through downward 8,000USD.

There are some strong support around 8.000, for instance Kijun-sen (base line), 100 days MA and 20days SMMA. There is 20days EMA around 8,300USD at the moment.

1 is most idea for new rally of Bitcoin, The price will reach at 10,000USD on the next bullish trend easily in this case.

2 is most likely. The price will reach at 10.000USD also in this case.

3 is the worst, although it’s unlikely. If the price will break through downward 8,000USD, the next support level will be around 7,700. It’s a neckline of triple bottom.