What Do we expect from Bitcoin after the recent breakout?

[torry28]

The next target for bitcoin is 8k and then 10k$ hope it will reach soon but today some fud created let's see what what whales want. 😂

Bitcoin was at more than $8k 2 days ago, and now it's down again to $7800. It's not too deep but with current market and also many FUDs started, it made bitcoin price down again. Hitting $10k again for bitcoin seems too hard i think, it's not same as like last year when bitcoin went up crazy above $10k and stayed for several months.

[BattleZeo]

Bitcoin just broke the $7374 resistance zone and went up to $8k+. However, there are indications that a retest of the previous resistance zone as evident in the bearish big shadow. Do you think the retest will happen or is the bearish big shadow a mere pull back?

I think we are moving up to 10k. No bear shadow.. I bought BTC at 6k5 so all I have to worry now is at what price I shall sell my BTC. If BTC falls again, I will purchase more.

[Silenox]

The hype train for ETF approval can not be discarded, it can generate a very large FOMO, but it can also generate a panic sell if it is rejected. It seems to be what will dictate prices in the coming months, both upwards and downwards.

[HCRT]

there are two possibilities for bitcoin.bitcoin will either rise or fall.in two possibilities the altcoins will fall.here is just to wait for the fall of those altcoin to buy altcoin after

[OnnoTunes]

Bitcoin just broke the $7374 resistance zone and went up to $8k+. However, there are indications that a retest of the previous resistance zone as evident in the bearish big shadow. Do you think the retest will happen or is the bearish big shadow a mere pull back?

I think bitcoin price can fall back to $7,600 - $7,900 zone, since it stayed around $8,000 - $8,200 area for a long time.

[Marahunter]

Market has been moving sideways so much now. BUt overall the chart looks bullish. If we go down, it wont bee ugly. That being said I don't see a very huge upside in the short term